Woven Finance API
Banking & Fintech · Payments · Nigeria
Woven Finance is a Nigerian Banking-as-a-Service (BaaS) infrastructure company that enables fintechs, microfinance banks, cooperatives, and digital platforms to embed banking products into their applications through a developer-first API. Woven partners with CBN-licensed Nigerian microfinance banks to provide its underlying banking infrastructure meaning the virtual accounts and financial products that businesses build on Woven are backed by actual licensed banking institutions, not just payment licenses.
Woven Finance API Highlights
Woven Finance API is verified for developer integrations in Nigeria and across African markets, providing documented endpoints, sandbox testing, and developer support.
API Key / Bearer Token (from Woven Finance developer account)
Not publicly specified
Nigeria
Ghana
KenyaWoven Finance API is best for:
Nigerian microfinance banks, cooperatives, and fintech platforms that need to offer multi-bank virtual accounts to their customers enabling wallets backed by multiple Nigerian banks through a single Woven Finance API integration.
- Contact Woven Finance for partnership pricing
- Transaction-based fees apply
- Integration support is provided during onboarding
Woven Finance API Core Features & Capabilities
Features Included
Not Supported
Woven Finance API Supported Webhook Events
Webhooks supported (Webhooks). Check official documentation for endpoint setup.
Required Access Documents for Woven Finance API
- Woven Finance Partner AccountRequiredApply for integration via woven.finance. Partnership onboarding required.
- CAC Registration CertificateRequiredCertificate of Incorporation required for business account setup.
- Microfinance Bank Partnership (Optional)OptionalFor deploying multi-bank virtual accounts, Woven connects your platform to its MFB partners automatically.
Different Woven Finance API use cases
- Multi-Bank Wallet Infrastructure:Nigerian fintech apps building customer wallets can use Woven Finance to assign virtual accounts backed by multiple Nigerian microfinance banks so if one bank's system is down, customers can still top up via another bank's account number.
- Cooperative Society Savings App:Nigerian cooperatives and thrift groups can use Woven's virtual account API to assign unique collection accounts to each member automatically reconciling monthly contributions without manual tracking.
- School Fees Collection Portal:Nigerian private schools and universities can use Woven Finance virtual accounts to issue unique school fee payment accounts to each student with automated reconciliation and notification on payment.
- Direct Debit for Recurring Payments:Nigerian businesses with recurring billing (SaaS, insurance, loans) can use Woven's Direct Debit API to automatically debit customer bank accounts on schedule reducing failed payment rates.