The Future of
Commerce is Open
Flutterwave acquires Mono to unlock a new era of interoperable commerce. We are connecting the continent by rebuilding the rails for an open financial ecosystem.
Hear from GB on the Acquisition
Meet Mono: From Seed to Acquisition
Why We Acquired
Mono
Building an interoperable payments network requires going beyond payouts and collections. With this acquisition, we’re closer to achieving our vision of building a connected, interoperable financial system for Africa.
The continent is quickly redefining for itself how commerce moves, and this future it's building won’t be built on a single payment method, but on authenticated, data-led payment methods that meet how the continent wants to transact.
By bringing Mono’s pioneering API technology into the Flutterwave ecosystem, we are positioning Open Banking as a core pillar of Africa’s evolution, as we chart Africa’s next big leap in payments.
African Commerce, Moving Without Friction
Mono is a crucial layer in our multi-layer strategy to support the entire payment cycle of customers, from authentication to the moment they process payments in the numerous ways they want.
Open Banking: This acquisition allows us to facilitate authenticated, account-to-account flows and instant identity verification. It is the engine that makes commerce move without friction across Africa.
A Fully Integrated Suite: When you combine the Data depth of Open Banking with the flexibility of Stablecoins we’re heavily investing in, you get a payments suite that is truly interoperable. Our vertical depth doesn't stop here; we’re creating an infrastructure that will be the operating system for African trade.
Frequently asked questions
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Mono’s customers are now plugged into Flutterwave’s extensive payment rails and reach. Mono’s expertise in identity and data, combined with our global infrastructure, means customers can now build faster and go further, whether they’re lending to an entrepreneur or moving money across borders.
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By bringing Mono’s open banking engine to our ecosystem, we are making instant trust the new standard. This means faster onboarding and deeper security that never gets in the way of a transaction. We are unlocking a new world of possibilities, making every connection stronger and every payment smarter.
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Flutterwave and Mono will keep providing the core products and services you’ve come to rely on. This synergy allows us to build better, more integrated solutions that were once impossible. We are staying independent in operation, but we are moving as one toward a more connected African economy.
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Open banking is the key to financial inclusion. By combining Flutterwave’s global reach with Mono’s infrastructure, we are transforming how Africa pays, lends, and grows on a global scale.
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