Flutterwave Acquires Mono to Expand Open Banking Infrastructure Across Africa
January 5, 2026
Flutterwave has acquired Mono, a Lagos-based open banking infrastructure provider, to deepen its bank-based and authenticated payment capabilities across African markets. Mono will continue to operate independently while its APIs for financial data access, identity verification, and account-to-account payments are integrated into Flutterwave's payments ecosystem to improve onboarding, reduce fraud, and enable richer bank-enabled payment flows.
- Buyers
- Flutterwave
- Targets
- Mono
- Industry
- Payments & Fintech
- Location
- Lagos State, Nigeria
- Transaction Type
- Buyout
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