Maplerad
The Banking-as-a-Service and global payment API platform for African fintechs
What it does
Maplerad was founded in 2022 by Miracle Anyanwu and Obinna Obike to allow businesses to embed global financial infrastructure into their applications. The platform enables multi-currency payouts, virtual account generation, and international card issuing via unified APIs. It quickly gained traction serving cross-border African businesses and creator networks.
Card issuing & managementCross-border B2B paymentsFX / currency exchangeBulk / mass payoutsMulti-currency accounts
Known for
- Global banking API infrastructure
- Virtual debit card issuing (Visa/Mastercard)
- Multi-currency payout processing
- Cross-border startup tooling
Model & industry
Banking-as-a-ServiceAPI-as-a-ProductCard-Issuing-as-a-ServiceBanking & Financial Services
Funding history
$6.0M
Total raised
1
Rounds
Seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-10 | Seed | $6.0M | Valar Ventures |
Source: Condia Funding Tracker
Products & subsidiaries
Wirepay App · Consumer Cross-Border AppMaplerad BaaS Suite · Embedded Fintech API