Bujeti enables African businesses to take control of expenses and manage their finances. It brings together budgeting, expense management and corporate banking services such as Payments, Collections, Fund Withdrawals and Corporate Cards on a centralised platform so companies have full visibility of their finances.
How Bujeti Started- One platform for your company’s spending
The most frustrating experience as a founder is being unable to deliver the best experience for your users due to third-party downtime. You watch the messages pour in. All you can do is manage expectations and apologise.
While it can be stressful, a third-party downtime can also bring clarity on new partnerships and integrations to pursue. That’s exactly what it did for Bujeti’s CEO, Cossi Achille whose Anchor story began with a resolve to never see his customers unable to access Bujeti’s services due to another third-party downtime.
The idea for Bujeti started from Achille’s experience with tracking his expenses. What started out as a personal budgeting software for people like himself took on a bigger meaning when he spoke to several founders who needed the solution for their businesses.
Currently, Bujeti enables African businesses to take control of expenses and manage their finances. It brings together budgeting, expense management and corporate banking services such as Payments, Collections, Fund Withdrawals and Corporate Cards on a centralised platform so companies have full visibility of their finances.
To deliver on its mission, Bujeti needs integrations to provide account opening, make bill payments and transfer services available to their customers.
To launch quickly and meet the needs of its users, Bujeti turned to different providers for the tools they needed. Each one of these partners had dependencies that often led to frequent downtimes. It also approached a traditional bank to provide these tools but the conversation continued for months with no concrete progress.
Great things come out of a downtime - Finding Anchor
Depending on different moving parts to serve customers put a strain on Bujeti’s operations. Things came to a head when Achille was woken up in the night with multiple calls. The worst had happened. All the service providers had failed and Bujeti was down.
“I vividly remember the challenges we faced during downtimes, and I never want to experience that again."
Achille knew that something had to give. So he started looking for a partner who could provide all the integrations that Bujeti runs on. A fellow entrepreneur connected Bujeti with Segun Adeyemi, Anchor’s CEO and that was the beginning of a productive partnership.
In a single conversation with Anchor, the pace of progress transformed! Bujeti was up and running on Anchor's robust infrastructure in just two weeks!
Bujeti completed the integration of the following APIs: Banking API (Deposit account, Transactions, Statement), Sub-Ledger Account API, Money Movement API (NIP, Book, Bulk) APIs, Bill Payment API, KYB API, and Billing API. Effectively, Bujeti transitioned from depending on multiple providers to using Anchor’s unified infrastructure to power its services.
Anchored in Success
Our partnership with Bujeti unleashed transformative outcomes:
Faster Time-to-Market: With Anchor's support, Bujeti accelerated the launch of new features.
Reduced Costs: Operational efficiencies translated into significant cost savings.
Improved Compliance: Anchor's expertise ensured seamless regulatory adherence.
For Bujeti, Anchor is more than a fintech provider; it is a trusted partner who genuinely cares about Bujeti's mission. We take care of their technical needs so they can focus on delivering value to their customers.
Charting the Course Ahead - Powered by Anchor
Whether you're a startup or an established company, at Anchor, our suite of APIs empowers you to build, launch and scale your solutions.
