One Finance & Investment
“Can a Nigerian consumer-credit fintech become a full-stack digital microfinance bank serving retail financial access across West Africa?”
Founded2012
HQLagos, Nigeria
Total raised$5.8M
IndustryFintech / Neobank
The story
Founded 2012 as OneFi, a Lagos-based consumer credit company. Evolved into Carbon (Carbon Microfinance Bank Limited), a licensed Nigerian microfinance bank offering credit, payments, high-yield savings, and BNPL. Operates as a full-stack digital bank rather than a distributor of third-party financial products.
Last 12 months
—
Product timeline
0
Acquired/operates Carbon Microfinance Bank Limited to offer regulated banking services (free transfers, high-yield savings, BNPL at 0% interest).· banking
2012
OneFi founded in Lagos, Nigeria as a consumer credit platform.· founding
Regulated entities
1
regulatory licence held by One Finance & Investment
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in One Finance & Investment’s embedded-finance stack
Payments / PSP
Banking / BaaS
in the full report
Lending
in the full report
Accounting gap: none
4 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.