Mono

Mono is Africa's leading open banking company, providing businesses with reliable, secure, and easy-to-integrate APIs for financial data access, bank payments, and identity verification. Founded in 2020 and headquartered in Lagos, Nigeria, Mono enables companies to connect with over 100 million financial accounts across Africa, empowering the next generation of fintech innovation on the continent.

The company offers a comprehensive suite of products including Mono Connect for real-time financial data retrieval, Statement Pages for no-code bank statements, Data Enrichment for granular insights, Creditworthiness verification, DirectPay for one-time bank payments, DirectDebit for recurring payments, Global Standing Mandate for international payments, and identity verification solutions like Lookup and Prove. Mono serves diverse use cases across KYC and customer onboarding, credit risk assessment, payment collection, and personal finance insights.

Mono has raised $17.65 million in total funding and was backed by Y Combinator, becoming part of Flutterwave in a significant African fintech exit. The company positions itself as 'Plaid for Africa,' building modern financial infrastructure to power the internet economy across the African continent.