Fincra
The cross-border payment infrastructure for global businesses and fintechs operating in Africa
What it does
Fincra was founded in 2019 by Ayowole Ayodele and Gideon Orovwiroro to construct cross-border payment infrastructure for businesses operating across emerging markets. The platform provides APIs for multi-currency virtual accounts, global payouts, and checkout solutions. Fincra holds an In-Principle PSSP license from the Central Bank of Nigeria and international compliance certifications.
Payment gatewaysBulk / mass payoutsCross-border B2B paymentsMulti-currency accounts
Known for
- Multi-currency virtual accounts
- Cross-border payment APIs for business
- White-label payment gateway solutions
- Pan-African merchant settlements
Model & industry
Payments-as-a-ServiceAPI-as-a-ProductAll / Cross-industry
Funding history
$120K
Total raised
1
Rounds
Pre-Seed
Latest stage
2021
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2021-09 | Pre-Seed | $120K | — |
Source: Condia Funding Tracker
Products & subsidiaries
Fincra Multi-Currency Virtual Accounts · Virtual Account APIFincra Global Payout API · Disbursement Rails