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Open Banking API

Welcome to the Open Banking API documentation. Our platform provides secure, compliant access to financial data and payment services in Nigeria, enabling innovative fintech applications and seamless banking experiences.

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What is Open Banking?

The Nigerian Open Banking API is designed to empower application developers, fintechs, and financial service providers with standardized, secure access to customer financial data—under the customer’s consent. The core goal is to enable innovation while safeguarding sensitive information such as card PINs, OTPs, and passwords. By leveraging the API, developers can build capabilities in key areas such as:
  • Account Aggregation: View all your accounts in one place
  • Payment Initiation: Make secure payments directly from your bank account
  • Financial Management: Better insights into spending and saving patterns
  • Innovation: New financial products and services

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Key Features

Customer Management

Manage Customer details, understand their profile using personal information

Account Management

See Real-time account balances and details, transaction history

Transfers

Make direct bank transfers and payments. Payment status tracking.

Bill Payments

Pay your bills: DSTV, Internet Data etc

Card Management

Issue Payment Cards

Loan Information

View your customer Loan informations
These capabilities pave the way for the development of next-generation financial services. For example, lenders can assess a borrower’s financial health based on real transaction data, businesses can verify sufficient account balances before processing payments, and users can automate bill payments from multiple accounts—all within a safe and regulated ecosystem. The Nigerian Open Banking API is a foundational step toward a more transparent, customer-centric financial landscape, fostering trust, security, and innovation.

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Secure Authentication

  • OAuth 2.0 via Authorisation Code for smart devices
  • OAuth 2.0 via Device Code Authorisation for dumb devices
  • OAuth 2.0 with PKCE for enhanced security for Single page application
  • Dynamic Client Registration for instant access
  • Bearer token authentication for API calls
  • Fine-grained customer consent approval by resource
  • Capability for customer to revoke approved consent at any time

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Compliance & Security

Our API is fully compliant with:
  • Nigerian Open Banking Standards
  • GDPR for data protection
  • PCI DSS and ISO 27001 certified
  • End-to-end encryption
  • Audit logging and monitoring

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Developer Experience

  • Comprehensive API documentation
  • Sandbox environment for testing
  • SDKs and code examples
  • Webhook support for real-time updates

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Use Cases

**Personal Finance Management**
- Track spending across multiple accounts
- Set budgets and financial goals
- Analyze spending patterns
- Generate financial reports

**Track spending across multiple accounts**
- View all your accounts in one dashboard
- Monitor real-time balances and transactions
- Categorize spending automatically
- Set up alerts for unusual activity

**Set budgets and financial goals**
- Create monthly budgets by category
- Track progress towards savings goals
- Receive notifications when approaching limits
- Analyze spending vs. budgeted amounts

**Analyze spending patterns**
- Generate spending reports by category
- Identify trends and patterns over time
- Compare spending across different periods
- Export data for external analysis
This documentation is continuously updated. Subscribe to our changelog to stay informed about new features and updates.
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