Flutterwave acquires open banking startup Mono

Africa's leading payments company Flutterwave has acquired Mono, a Y Combinator-backed Nigerian open banking startup. This move strengthens Flutterwave's position in the fintech sector.

Flutterwave, recognized as Africa's leading payments technology company and its most valuable unicorn, announced the acquisition of Mono on January 7, 2026. Mono is a Nigerian startup focused on open banking, supported by Y Combinator. The acquisition aims to enhance Flutterwave's offerings in financial technology across the continent. Details on the deal's terms were not disclosed in the announcement.

Liittyvät artikkelit

Ethiopia is rapidly advancing toward a digital payments economy featuring interoperability, real-time transactions, and inclusive access. The National Digital Payments Strategy sets the framework for instant payments and expanded reach to underserved populations. Wingu Africa is central to this shift by providing essential data center infrastructure for banks.

Raportoinut AI

Commercial Bank has launched its first external digital money wallet service. This new offering marks a step forward in Ethiopia's banking sector.

Cryptocurrency exchange ByBit is set to expand into traditional banking by introducing accounts for holding fiat currencies. CEO Ben Zhou announced plans for 'MyBank' accounts that will support transfers in 18 currencies and integrate seamlessly with crypto trading. The service is expected to launch next month, pending regulatory approvals.

Raportoinut AI

The Central Bank of Nigeria is leading efforts to modernise electronic payments, aiming to enhance cybersecurity and ensure financial stability.

 

 

 

Tämä verkkosivusto käyttää evästeitä

Käytämme evästeitä analyysiä varten parantaaksemme sivustoamme. Lue tietosuojakäytäntömme tietosuojakäytäntö lisätietoja varten.
Hylkää