A fintech platform that provides API access to bank data, simplifying integrations for other fintechs.
Mergers and Acquisitions are Surging Amidst Market Exuberance on the Exit Trail
Flutterwave acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million. Paystack has officially entered the banking sector through the acquisition of Ladder Microfinance Bank, rebranded as Paystack Microfinance Bank.
Flutterwave launches stablecoin balances through Turnkey and Nuvion partnership
Flutterwave has partnered with Turnkey and Nuvion to introduce stablecoin balances for merchants. Customers can hold and transact in USDC and USDT alongside existing fiat balances.
Mono acquisition delivers Silverbacks’ 10th exit as the firm shifts sights to sports
Silverbacks Holdings recorded its 10th profitable exit with the acquisition of Mono by Flutterwave. The acquisition was structured as an all-stock deal, linking the exit value to Flutterwave's stock market performance.
Flutterwave Acquires Mono to Advance Open Banking and Account-to-Account Payment
Flutterwave has acquired Mono, enhancing its open banking capabilities. Mono's API-driven platform provides secure access to financial data and identity verification.
Mono to launch treasury management platform following Flutterwave acquisition, targets Africa-wide expansion
Mono is set to launch a treasury management tool for African businesses in 2026. The startup was recently acquired by Flutterwave, enhancing its capabilities.
