Flutterwave buys Nigeria’s Mono in rare African fintech exit

Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, according to people familiar with the transaction. The acquisition brings together two of Africa’s leading fintech infrastructure companies. Flutterwave operates one of the continent’s widest payments networks, while Mono, often described as […]

Science/Technology Jan 5, 2026 0 7 Add to Reading List

Flutterwave buys Nigeria’s Mono in rare African fintech exit

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WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

Click the image to get your copy!

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Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, according to people familiar with the transaction. The acquisition brings together two of Africa’s leading fintech infrastructure companies. Flutterwave operates one of the continent’s widest payments networks, while Mono, often described as […]

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