Mono
An open banking platform that provides APIs for businesses to access financial data and initiate payments from customer bank accounts across Africa.
Country
Nigeria
Sector
Fintech
Stage
Series A
Founded
2020
Accelerator
Y Combinator
Raising
Actively Raising
About Mono
Mono is a Nigerian open banking startup, often described as the 'Plaid for Africa', that builds APIs allowing businesses to access bank data, verify customers, and initiate payments. Founded in 2020, the company provides a secure way for digital businesses to access their customers' financial and identity data. Mono was acquired by African fintech giant Flutterwave in a significant consolidation deal, but continues to operate as an independent product, leveraging Flutterwave's extensive regulatory footprint and enterprise reach.
Funding Rounds
| Year | Round | Amount | Investors |
|---|---|---|---|
| No funding rounds recorded. | |||