Nigerian Open Banking Startup, Mono Arrives in Kenya

Nigerian Open Banking Startup, Mono Arrives in Kenya

ByTechTrends

As part of its post-funding continent-wide rollout, Nigerian fintech company Mono has expanded to Kenya. Mono is developing an open banking infrastructure that offers access to consumer financial data and bank payments for digital enterprises in Africa. Mono is an open banking infrastructure startup that was established in August 2020. Through its robust APIs, Mono…

Tiger Global backs African fintech Mono in $15M Series A round

Tiger Global backs African fintech Mono in $15M Series A round

ByTechTrends

Mono, an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. The round, led by Tiger Global — the VC firm’s third major investment in Africa this year after Flutterwave and FairMoney — also had participation from new investors Target Global (an investor…