Transforming banking and finance for good with open APIs

With open banking, the financial ecosystem in Nigeria will accelerate as technical frictions are removed and innovation is unleashed

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Open banking is underpinned by various pillars

Data
Privacy

The core of open banking provides an assurance of privacy and full consent to all players

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Regulation

CBN regulation on open banking provides the legal and regulatory framework for banks and fintech to share customer data in a secure and responsible manner

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Operational Guidelines

CBN and the financial ecosystem have designed world-class operational guidelines for how open banking will be operated by various stakeholders

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APIs

Open Banking Nigeria collaborates with the industry to establish API standard enabling swift and CBN-compliant open banking products for banks and fintechs

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Ready to join the Open Banking movement? Explore our APIs.

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Open Banking

Become a part of a growing body of providers and partners helping to transform banking in Nigeria.

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Ready to join the Open Banking movement? Explore our APIs.

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Open Banking Nigeria (Open Technology Foundation) is a non-profit backed by a group of industry experts across banking, fintech, risk management, and more to drive and launch the open banking standard in Nigeria.

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