For nearly a decade, one mission has sat at the heart of everything we do: connecting Africa to the world. It is the vision that has fueled our growth and kept us standing. But as the continent evolves, so must the rails that power it. Throughout 2025, we stood our ground, leaning into a relentless discipline and resilience to forge a sustainable future for our business and for Africa at large.

In 2026, our ambition has only grown. The payments landscape is shifting faster than ever, and to keep creating a lasting impact, we must stay ahead of the curve. That is why I am incredibly proud to announce the next chapter of our story: Flutterwave has acquired Mono, Africa’s leading open banking and account-based payment powerhouse.

Why Mono? Why now?  

Africa’s financial system has long been a puzzle of disconnected pieces. We’ve built the bridges for payments, but to truly unlock the digital economy, we need to go deeper. We need to exemplify what trust in payments truly means.

By bringing Mono’s world-class open banking and accounts-based payment infrastructure into the Flutterwave ecosystem, we are doing more than just adding a tool; we are upgrading the engine. We are making payments more inclusive, more interoperable, and more powerful for every user on the continent.

What This Means for Our Merchants: Speed is the New Currency

For the entrepreneurs and businesses we support, this is a game-changer. We know that onboarding can be a hurdle. By integrating Mono’s API directly into our systems, we are turning that friction into flow.

• KYC as a Breeze: Verification that could take days will now happen in seconds.
• Smarter Transactions: You’ll have a more robust, secure way to understand and verify your customers.
• Limitless Scale: We are giving you the tools to explore new realms of commerce that weren’t possible yesterday.

Empowering Africa’s Economic Backbone: SMEs

Small and medium-sized businesses are the heartbeat of Africa’s economy and primary drivers of our continent’s growth. Yet, for too long, SMEs have been sidelined by rigid systems that make accessing financial data and verifying customers a nightmare. This acquisition changes the math for them. 

By lowering the walls to entry and simplifying the “trust”, we are giving them the tools to finally see their customers clearly, turn a slow onboarding process into an instant handshake, and tap into the speed of modern finance. 

When we empower an SME to scale faster, we fuel the economic progress of the entire continent. 

The Payments Superhighway for the Next Generation

But this goes beyond business tools. For the person sending money to a loved one or paying for a service,  payments become as easy as breathing. The technology becomes invisible, so the connection can stay front and center.  

For the wider ecosystem, we are doubling down on our commitment to building Africa’s payments superhighway. By working with Mono to provide the infrastructure that connects banks, fintechs, and businesses, we are laying the foundation for the next generation of African startups to thrive and scale globally.

Independent but Unstoppable

In the Mono team, we found kindred spirits, builders with the grit to see beyond the boundaries. While Mono remains independent, our synergy is a game-changer. We are now standing on a new frontier, ready to turn yesterday’s dreams into today’s infrastructure. 

I want to thank Chrysalis Capital, who served as the transaction advisor for this acquisition. Their expertise was instrumental in helping us bridge the gap between two of Africa’s most ambitious tech companies, ensuring we are perfectly positioned for this next chapter.

To our merchants, partners, and the entire Flutterwave ecosystem: thank you for your trust. We’ve built the rails, we’ve secured the foundation, and now, we are turbocharging the future.

This is just the beginning. 🦋