{"id":219412,"date":"2026-01-06T10:43:45","date_gmt":"2026-01-06T08:43:45","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/africa-flutterwave-acquires-mono-in-deal-reportedly-valued-up-to-40m\/"},"modified":"2026-01-06T10:43:45","modified_gmt":"2026-01-06T08:43:45","slug":"africa-flutterwave-acquires-mono-in-deal-reportedly-valued-up-to-40m","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/africa-flutterwave-acquires-mono-in-deal-reportedly-valued-up-to-40m\/","title":{"rendered":"Africa: Flutterwave Acquires Mono in Deal Reportedly Valued Up to $40m"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"26\">Flutterwave has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"38\">The acquisition brings together two fintech infrastructure companies operating at scale in Africa. Flutterwave runs one of the continent&#8217;s largest payments networks, while Mono provides APIs that allow businesses to access bank data, verify customers, and initiate payments.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"57\">Founded in 2020, Mono enables users to consent to&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202601060007.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flutterwave has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal. The acquisition brings together two fintech infrastructure companies operating at scale in Africa. Flutterwave runs one of the continent&#8217;s largest payments networks, while Mono provides APIs that allow businesses [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":219413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[27493,9984,258,256,7012,53330,23462,257,393,11273,254,45534],"class_list":["post-219412","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-40m","tag-acquires","tag-africa","tag-africa-news","tag-deal","tag-flutterwave","tag-mono","tag-news","tag-nigeria-news","tag-reportedly","tag-south-africa-today","tag-valued"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/219412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=219412"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/219412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/219413"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=219412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=219412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=219412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}