Abdulhamid Hassan won’t stop building until Mono becomes a fintech backbone
- Venture capital funding for African startups has significantly declined as of September 2024.
- Abdulhamid Hassan's startup Mono powers financial experiences for major companies like Mastercard and Flutterwave.
- Mono's new product, Owo, allows payments via WhatsApp and has processed ₦1 billion naira monthly pre-launch.
Hassan's approach to building Mono reflects a deep understanding of the fintech landscape in Africa, emphasizing collaboration with banks rather than competition. This strategy could lead to more sustainable growth and innovation in the sector, especially as the market faces challenges. Further discussion could explore how other startups can adopt similar philosophies to thrive in a competitive environment.
