Access financial accounts across Africa, securely and reliably. Backed by Ycombinator. Our customer's include Carbon, Quickcheck, Autochek, Renmoney, dozens of developers.
Have questions? hit us up hi@mono.co
Have questions? hit us up hi@mono.co
Employees: 11-50
Total raised: $122.88M
Founded date: 2020
Investors 11
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Funding Rounds 4
| Date | Series | Amount | Investors |
| 16.07.2022 | - | $90.88M | IFC Ventur... |
| 02.11.2021 | Seed | $15M | - |
| 12.10.2021 | Series A | $15M | - |
| 28.05.2021 | - | $2M | - |
Mentions in press and media 10
| Date | Title | Description |
| 09.07.2024 | TLcom-backed Okra expands into cloud services | Okra, a Nigerian fintech whose APIs allow banks and other financial service providers to access customers’ data, is building a cloud infrastructure for businesses to host their data and run workloads. With Nigerian startups keen to reduce c... |
| 27.09.2023 | Podcast: Christian Idiodi’s Inspire Africa Conference is remodeling Africa’s product ecosytem | From September 17th to 21st, 2023, the Innovate Africa Foundation hosted the inaugural Inspire Africa Conference at the Eko Convention Centre in Lagos, Nigeria. The event’s objective was to empower the African product community, drawing ove... |
| 01.03.2022 | As API-first startups multiply, GGV builds an index | When GGV Capital reached out and said that it had built an index of API-first companies, I was curious. Venture-built indexes of startups and other firms have proved useful tools in recent years, led by Bessemer’s cloud index, which is now ... |
| 11.10.2021 | Tiger Global backs African fintech Mono in $15M Series A round | Mono, an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. The round, led by Tiger Global — the VC firm’s third major i... |
| 07.07.2021 | MAGIC Fund’s $30m raise, VC funding in Africa | Share this article: Good day, Today, I’m discussing: MAGIC Fund’s $30m raise Record numbers for African VC funding MAGIC Fund’s $30m raise MAGIC Fund partners. Source: TechCrunch MAGIC Fund, a collective of founders across the world, has an... |
| 28.05.2021 | Nigerian fintech startup Mono raises USD 2 million | Nigerian fintech startup Mono has raised a seed funding round of US$2 million to reinforce its current offerings in financial and identity data and launch new products. Founded in August of last year, Mono helps digital businesses in Africa... |
| 24.05.2021 | Nigeria’s Mono raises millions to power the internet economy in Africa | In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. Three months later, the startup has a different mission: to power the internet economy in Afric... |
| 23.03.2021 | Most African YC-backed startups in today’s batch are focused on fintech | In Africa, Y Combinator is known to be a major backer of most of the continent’s well-known startups. Two of the most talked-about in the last two quarters — Flutterwave and Paystack — are YC-backed. Their recent successes (Flutterwave’s bi... |
| 17.03.2021 | Pregame Y Combinator with Equity | Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down and focus on a single topic, or theme. This is our sweet spo... |
| 03.02.2021 | Why Nigerian fintech Mono is taking $125k from Y Combinator after a $500k pre-seed round | American startup accelerator Y Combinator (YC) will have 36 startups participating in its winter 2021 programme. One of the African startups in the group is Mono, a Nigerian fintech building APIs for open banking and simplified financial ac... |