Omo, you don hear wetin dey happen for Naija fintech? E be say Flutterwave, the big brother wey dey run payment technology for Africa, don waka come acquire Mono. Yes o, Mono wey dey lead open banking matter for this side. Na serious gist wey dey shake the ground for our financial system!

For the deal wey just land, Flutterwave don show say dem dey serious about building beta financial connections across Africa. Dis acquisition na like jollof rice and chicken; e must connect for better collaboration. With Mono’s API, dem go fit provide secure access to financial data, identity verification, and even account-to-account payments. Na better time to dey alive for Africa!

Dem no go change Mono leadership or their normal waka. Flutterwave only wan marry them to enhance their platform, no wahala wey dey follow control. This one go help dem pump innovation and take African payment systems to another level. As we sabi am, money matter na wetin every Nigerian dey find, and this acquisition go help open more solutions for businesses.

Flutterwave CEO, Olugbenga ‘GB’ Agboola, talk say this acquisition dey show how finance suppose dey work for Africa; payments, data, and trust no fit be like separate friends. Mono don already build solid infrastructure wey go help that vision better. Na im make dem join forces; so we fit see better solutions wey go make easy market for our businesses.

Abdulhamid Hassan, wey be Mono CEO, don talk say since 2021 when dem first collaborate, dem don see power wey dey come from teamwork. Now, as dem join hand with Flutterwave, e mean say dem fit now deliver better and faster banking experience for African people like you and I. Dem dey connect with over 50 banks and reach up to 8 million bank customers! Wetin perfect pass dis?

With this acquisition, Flutterwave dey enter new era of banking wey go pass the old card payment system wey dey hold many down. Instead, dem go bring more bank-based and authenticated payment methods wey go fit follow this new financial wave across Africa. Just imagine, as we dey shout ‘Nigeria to the world,’ na so our financial system go dey represent as well.

And for all the tech fans, na beta news too! Developers go enjoy better access to financial data and payment flow wey go simplify their work. E go fit reduce stress around compliance with the new structure wey sabi what dem dey do. If you dey run any tech startup, dis be your chance to shine more brighter.

As e stand now, Flutterwave dey plan to enrich their platform and this no be only about money matter; e mean say dem go fit meet international standards like PCI-DSS and ISO 27001 for data security. So, as you dey use your phone make payment, you fit rest your mind well.

This acquisition no just be for money matter alone; e go help all our businesses grow, simplify processes, and reduce fraud along the line. Na wetin we all need for this hustle wey dey hot! Make we watch as Flutterwave and Mono collaborate to bring come fresh air wey go fit boost Africa’s fintech landscape. Wetin your own perspective on this deal?