Flutterwave Acquires Mono for $25-40M
Update: 2026-01-05
Description
Flutterwave, Africas largest fintech company, acquires Mono, a leading open banking startup, in an all-stock deal valued between $25M and $40M. Mono, with APIs for bank data, payments, and customer verification, has linked over 8M bank accounts and delivered 100B financial data points. The acquisition, driven by a partnership on payment products, signals bigger consolidation in African fintech, aligning with global trends in payments and data infrastructure. Checkout Solipillow.com
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