The Okra Blog

This Product Manager left Google to Join Okra

Adesola joined Okra from Google to lead on building out an ambitious product. She says the Okra culture and vision made her choice easier.

Product

Okra Product Update: October 2021

What's new? Enhanced multi-app experienceTo reduce end-user confusion when navigating the bank selection on the widget, we've added a specific component that will appear when the user selects a multi-app bank. For example: When selecting GT Bank for mobile, the user will be prompted to select either GT Bank mobile

Corporate

Wealthtechs: Why open finance is your competitive advantage

Our APIs help wealthtechs offer tailored advisory and much more to build personalised experiences that retain high-value customers.

Customer Stories

How Patricia Drives Onboarding Success with Okra

Patricia offers fast and reliable onboarding with a 98% success rate through Okra's Identity APIs. Learn how this has helped their growth.

Engineering

How Income Verification Works

The Okra Income product uses advanced pattern matching and machine learning algorithms to identify income streams, their sources, and length, as well as anticipate the number of recurrences.

Customer Stories

How Glover avoids User Churn with Okra's Identity APIs

Glover, an e-commerce platform, faced user churn during signups due to unreliable identity verification processes. Here's how we helped.

Corporate

🎉 New: We Just Launched A Faster Widget

Now you get access to customers' financial information in as low as 3 seconds to quickly build and offer financial products!

Product

Okra Product Update: September 2021

Our September product update includes the new Okra widget, new integrations, recent blog posts, open positions and more...

Corporate

Data Protection: How Okra Protects Your Customers' Financial Data

Identity fraud scams cost companies and their customers a lot of money! Here's a primer on how we prevent such scams for African companies.

Customer Stories

Umba is Building an Inclusive Digital Bank with Okra

African digital banks like Umba face hurdles with onboarding and credit risk analyses. However, with Okra APIs, Umba is scaling seamlessly.

Product

Okra Product Update: August 2021

Our August product update includes new identity functionality, payments management features, new open positions and more...

Engineering

How to Build a KYC Feature with Okra

Onboard your customers faster and cut down on customer churn with Okra Identity. It powers KYC integrations that verify customers within seconds.

Corporate

How to Build Finance Widgets —with Zero Code

A quick guide on integrating Okra's widget. This gives you access to the financial data of your customers in minutes!

Engineering

Understanding How Webhooks Work

Webhooks serve as doormen to API calls. They provide all you need to know about a request by an API in real-time. More details are in this guide.

Engineering

Building an End to End Microlending System using Okra

Microlending refers to modest loans made to individuals (typically without collateral) to help kickstart a venture or pay bills. Assume Mr. A is a retailer of household goods who needs to replenish his store. As a solo entrepreneur, he lacks collateral to obtain the financing he needs. His poor financial

Product

Okra Product Update: July 2021

Our July product update includes new blog updates, API reference guide, new open positions and more...

Corporate

What are APIs?

APIs are similar to bridges. They serve as intermediaries between two or more applications. This plain English guide explains them in detail.

Engineering

How Payment Links Work (Part 1)

With Okra you can send your customer a link to pay online for anything, with a single tap! No more manual invoices or external payment machines, just use your phone to collect your money quickly. Okra Links is an extremely simple way to request a payment. Instantly generate a link,

Customer Stories

Swipe is Championing Credit Cards in Nigeria with Okra’s APIs

Swipe, a credit cards provider in Nigeria, is scaling operational hurdles in its space with Okra's APIs. Read its exciting story!

Corporate

Beyond Open Banking: How Okra is Digitizing Finance for Africa.

At the basic level, people view open banking as the ability to connect your bank account with a trusted third party. That’s not wrong, it’s just basic. The real juice is what happens with that connection.

Engineering

Improving your Digital Identity with Okra

Building a KYC/KYB system in a digital financial business is difficult, considering the increase in fraud and the constant change of regulations.

Corporate

Okra secures $3.5M Seed Round Led by Susa Ventures

Accenture Ventures joins Seed Round lead Susa Ventures, to invest in and expand Okra’s data infrastructure across Nigeria.

Customer Stories

Aella (YC W17) Partners with Okra to Boost Digital Consumer Lending

Lending is becoming increasingly important, especially in this part of the world. Consumer behaviour is changing, and consumers are expecting digital experiences even within their financial activities.

Customer Stories

Auto check Africa Partners with Okra to Power Automobile Finance Platform

It’s safe to say that the present condition of the automobile industry in Nigeria is not ideal. In the first place, most people can’t purchase cars without having the entire amount available, which is no easy feat.

Customer Stories

Renmoney Partners with Okra to Power Digital Lending Platform

In addition to our periodic Okra Soup, we have decided to begin sharing more about some of our client partnerships.