“Can a Nigerian consumer-credit fintech become a full-stack digital microfinance bank serving retail financial access across West Africa?”
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.
One Finance & Investment discloses Carbon Microfinance Bank Limited (in-house) as its banking provider, according to the Embedded Finance Index 2026.
One Finance & Investment does not disclose a bank charter of its own; its banking services are provided through Carbon Microfinance Bank Limited (in-house).
One Finance & Investment processes payments through Carbon Payments (self-operated).
One Finance & Investment's lending and capital products are provided by Carbon (in-house).
The Embedded Finance Index 2026 maps 3 layers in One Finance & Investment's stack: Payments / PSP (Carbon Payments (self-operated)); Banking / BaaS (Carbon Microfinance Bank Limited (in-house)); Lending (Carbon (in-house), Consumer loans and Buy Now Pay Later (0% interest)).
One Finance & Investment is founded in 2012 and headquartered in Lagos, Nigeria.
One Finance & Investment has raised $5.8M in total.
Get a read on where your own stack stands against One Finance & Investment and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.