Flutterwave Buys Mono to Make Open Banking Africa’s Next Payments Backbone
The continent’s largest payments technology company has acquired Mono, one of Africa’s most influential open banking infrastructure providers. The deal strengthens Flutterwave’s long-term strategy to move beyond card-centric payments and toward a more connected, bank-based, and data-driven financial ecosystem—one designed for trust, compliance, and scale across fragmented African markets.
