About Anchor
Anchor is a company based in Lagos (Nigeria) founded in 2022 by Gbekeloluwa Olufotebi O Simeon, Olamide Sobowale, and Segun Adeyemi. It operates as a API-as-a-Product and B2B2C. Anchor has raised $3.53 million across 3 funding rounds from investors including Goat Capital, FoundersX Ventures and Rebel Fund. Anchor offers products and services including Accounts, Payments, Cards, Credit, and Savings & Investment. Anchor operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
- Headquarter Lagos, Nigeria
- Founders Gbekeloluwa Olufotebi O Simeon, Olamide Sobowale, Segun Adeyemi
- SectorsFinancial Services
- Website getanchor.co
- Social LinkedIn X Facebook
- Total Equity Funding$3.53M (USD)
in 3 rounds
- Latest Funding Round$2.4M (USD), Seed
Sep 2023
- InvestorsGoat Capital
& 11 more
Products & Services of Anchor
Anchor offers a comprehensive portfolio of products and services, including Accounts, Payments, Cards, Credit, and Savings & Investment.
Custom deposit and savings accounts are created effortlessly.
Fast and cost-effective transfers are integrated seamlessly via APIs.
Branded debit cards are issued to customers easily.
Lending services are accelerated with efficient loan management.
Tailored savings and investment solutions are provided here.
Funding Insights of Anchor
Anchor has successfully raised a total of $3.53M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.53M
- Total Rounds 3
- Last Round Seed — $2.4M
- First Round $125,000
(Jun 2022)
- Investors Count 12
All 3 funding rounds of Anchor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $2.4M | Seed | – | Goat Capital | |
| Aug 2022 | $1M | Seed | – | Y Combinator, Luno Expeditions | |
| Jun 2022 | $125,000 | Seed | – | Y Combinator | – |
12 investors in total: 10 institutional and 2 angel.
Investors in Anchor
Anchor has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Goat Capital, FoundersX Ventures and Rebel Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Goat Capital venture fund. | – | goat.vc | San Francisco, United States | |
Early-stage tech-focused VC firm investing primarily in the US | – | foundersxventures.com | Menlo Park, United States | |
Venture capital fund focused on tech startups | – | rebelfund.vc | San Francisco, United States | |
Investments in multiple sectors are made by Pioneer Fund. | – | pioneerfund.vc | San Francisco, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
- | – | byldventures.com | - | |
Venture capital firm investing in multiple sectors | – | future.africa | Lagos, Nigeria | |
Venture capital is invested in fintech and crypto ventures. | – | lunoexpeditions.com | - | |
Niche Capital is engaged in facilitating business investments and loans. | 2016 | niche-capital.com | London, United Kingdom | |
- | – | mountainpeakadvisory.com | - |
Investor details for Anchor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Anchor
7 people are tracked at Anchor (3 in leadership, 1 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Gbekeloluwa Olufotebi O Simeon | Co-Founder | Leadership |
Olamide Sobowale | Co-Founder | Leadership |
Segun Adeyemi | Co-Founder & CEO | Leadership |
Anh-Tho Chuong | Investor | Board & advisors |
Paschal Ogu | Integration Engineer | Team |
Blessing Jane Nnadi | Human Resources Manager | Team |
James Nwankwo | Senior Product Designer | Team |
Complete people profiles for Anchor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Anchor
3 dated milestones of Anchor across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Anchor is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $2.4M.
Competitors of Anchor
Anchor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fiserv.com | 1984 | United States | – | 42,000 | Diversified financial solutions for business processing and management are provided. | |
| comviva.com | 1999 | Gurugram, India | $13.5M | 2,283 | Software platforms for telecommunications, digital payments, and experiences are provided. | |
| jackhenry.com | 1976 | Monett, United States | – | 7,120 | Banking and payments solutions are provided through a dedicated platform. | |
| blend.com | 2012 | San Francisco, United States | $647.5M | 1,826 | Digital solutions for mortgage and consumer lending are provided. | |
| ia.ooo | 2007 | Gandhinagar, India | – | 642 | Digital payment solutions and enterprise software platforms are provided. | |
| mambu.com | 2011 | Amsterdam, Netherlands | $445.79M | 68 | API-enabled open banking platform is provided for financial institutions. | |
| alkami.com | 2009 | Plano, United States | $422.54M | 667 | Platform offering digital banking software suite for banks and credit unions | |
| synctera.com | 2019 | San Francisco, United States | $95.17M | 58 | Software suite is developed for banks and financial institutions. | |
| finastra.com | 2017 | London, United Kingdom | – | 1,890 | Financial software solutions for lending, payments, and banking are provided. | |
| fintechos.com | 2017 | London, United Kingdom | $145.99M | 49 | AI-based software suite is provided for banking and insurance sectors. |
Detailed competitors of Anchor
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Anchor
The website of Anchor (getanchor.co) receives about 26.3K visits a month.
- Monthly visits26.3K
▲ 36.4% vs previous month
Websites whose visitors overlap most with Anchor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bujeti.com | 100% | 18K | #1,442,891 | View details |
Latest news on Anchor
Complete news archive for Anchor
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Anchor
10 companies that operate in the same segment as Anchor (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Anchor
Anchor was founded in 2022.
Anchor is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Segun Adeyemi is the current CEO of Anchor. They have also founded this company.
Anchor is a funded company, having raised a total of $3.53M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2022.
Anchor is established as a provider of complete infrastructure for businesses to build, launch, and scale banking and payment products. Solutions are offered in sectors like fintech and financial services, including custom accounts, payments, cards, credit, and savings investment tools. The companys APIs are utilized to integrate financial features seamlessly, supporting developers and businesses with scalable and secure solutions.
Anchor offers Accounts, Payments, Cards, Credit, and Savings & Investment.
Anchor has 12 investors. Key investors include Goat Capital, FoundersX Ventures, Rebel Fund, Pioneer Fund, and Y Combinator.