Flutterwave Deepens Grip on African Fintech with $40m Acquisition of Mono
In a landmark development for the African financial technology landscape, Flutterwave, the continent’s most valuable fintech startup, has acquired Mono, a Nigerian open banking company, in a deal valued at up to $40 million (N38 billion). The all-stock transaction represents a significant consolidation of power within the African fintech ecosystem, merging Flutterwave’s formidable payment processing […]