Mono

San Francisco, United States Founded: 2020 • Age: 6 yrs Acquired By Flutterwave
An open banking platform is provided for African businesses.
Annual revenue - Latest available
Total funding $17.6M 4 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Mono

Mono is a company based in San Francisco (United States) founded in 2020 by Prakhar Singh and Abdul Hassan was acquired by Flutterwave in January 2026. It operates as a API-as-a-Product, Subscription Services, and FinTech. Mono has raised $17.63 million across 4 funding rounds from investors including Flutterwave, Tiger Global and Target Global. Mono offers products and services including Connect, DirectPay, Statement Pages, and Percept. Mono operates in a competitive market with competitors including Zeta, Tink, M2P Fintech, Apiture and Finix, among others.

  • Headquarter San Francisco, United States
  • Founders Prakhar Singh, Abdul Hassan
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mono Technologies Nigeria Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $17.63 M (USD)

    in 4 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Oct 11, 2021

  • Investors
    Flutterwave

    & 15 more

  • Employee Count
    Not available
  • Acquired by
    Flutterwave

    (Jan 05, 2026)

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Products & Services of Mono

Mono offers a comprehensive portfolio of products and services, including Connect, DirectPay, Statement Pages, and Percept.

Product name locked
Category locked
Primary

Financial accounts are accessed securely for data retrieval.

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Bank payments are collected directly without card usage.

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Bank statements are collected using no-code solutions.

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Corporate accounts are managed for financial reconciliation.

People of Mono

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Prakhar Singh
CTO
People
Praise Onyeonoro
People Operations
People
Adetoro Adekoga
Product Engineer
People
Ahmad Alfawwaz Timehin
Engineering Lead, Financial Integrations

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Funding Insights of Mono

Mono has successfully raised a total of $17.63M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Mono

Mono has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flutterwave, Tiger Global and Target Global.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Venture capital firm
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Investor details for Mono

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  • Investor domains
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Investments & Acquisitions by Mono

Investments
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Investment portfolio details for Mono

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Mono

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Detailed financials for Mono

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  • Profit trends
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Mono Comparisons

Mono Primary company
Description
An open banking platform is provided for African businesses.
Location
San Francisco, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Mono

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Competitors of Mono

Mono operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, Tink, M2P Fintech, Apiture and Finix, among others.

Company Name Domain Founded year HQ Location Description
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Payment and banking solutions are provided to users and banks.
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Tink is recognized as a leading European open banking platform.
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Banking, lending, and payment solutions are provided via custom APIs.
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Open banking APIs are delivered to financial institutions and banks.
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API-enabled platform for business payment processing is provided.
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Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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Detailed competitors of Mono

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Latest news on Mono

Mastercard partners with Mono
Thepaypers2 years ago
Nigerian fintech startup Mono launches in Kenya.
Nigeriagalleria4 years ago
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Complete news archive for Mono

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Mono

Mono was founded in 2020.

Mono is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Abdul Hassan is the current CEO of Mono. They have also founded this company.

Mono is a funded company, having raised a total of $17.63M across 4 funding rounds to date.

High-quality financial data access and direct bank payment solutions are offered by Mono to businesses across Africa. Services are focused on enabling secure financial account linking, no-code bank statement collection, and direct payment processing. The platform is designed to support developers, SMEs, and enterprises in the digital finance sector with customer-focused solutions. Various tools like APIs, SDKs, and dashboards are provided to facilitate seamless integration and management of financial operations.

Mono's top competitors include Zeta, Tink and Bud.

Mono offers Connect, DirectPay, Statement Pages, and Percept.

Mono has 16 investors. Key investors include Flutterwave, Tiger Global, Target Global, General Catalyst, and SBI Investment.

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