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  • Flutterwave acquires Nigerian open‑banking provider Mono in $25‑$40M all‑stock deal
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About Mono

Mono is Africa's leading Open Banking API company that provides infrastructure for financial data access, bank payments, and identity verification. It connects businesses to customers' bank data and payments across Africa, enabling KYC and onboarding, credit risk assessment, and streamlined payment collections. The platform offers APIs for real-time financial data, no-code statements, data enrichment, and identity verification, serving fintechs, lenders, and other financial institutions across multiple countries.

Recent News

Flutterwave Acquires Nigerian Open Banking Provider Mono

Flutterwave Buys Nigeria’s Mono in Rare African Fintech Exit

Hong Kong’s The Chairman and Wing Top Asia’s 50 Best Restaurants 2026

CVB Financial Acquires Heritage Commerce in $811m Merger

Flutterwave’s Acquisition of Mono Signals Broader Open Banking Implications in Africa

Flutterwave Secures Nigerian Banking Licence After Crossing $40 Billion in Lifetime Payments

Are African Tech Startups Shifting From Blitzscaling to Strategic Acquisitions?

The Khaby Lame Deal Explained: A $975 Million Bet on Attention

Recent Deals

Flutterwave Acquires Nigerian Open‑banking Provider Mono in $25‑$40M All‑stock Deal

January 6, 2026

Key Team Members

Miguel de Icaza

Founder and Lead of the Mono Project

Nat Friedman

Co-founder of Helix Code (company that announced the Mono Project)

Key Facts

HQ Location

Lagos, Nigeria

Founded

2020

Employees

51 - 200

Status

Private

Website

https://mono.co