Flutterwave acquires open banking startup Mono

January 07, 2026

由 AI 报道

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.

Ethiopia builds instant payments infrastructure

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.

Commercial Bank launches first external digital money wallet

January 17, 2026 由 AI 报道

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

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