Flutterwave acquires open banking startup Mono

January 07, 2026

An Ruwaito ta hanyar AI

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.

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