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Nigerian API fintech, Mono, raises $500k pre-seed, wants to build Plaid for Africa

On Sep 22, 2020
@FINTECHCircle shared
Nigerian API #fintech, @mono_HQ, raises $500k pre-seed, wants to build Plaid for Africa 🌍 Via @ulonnaya @Techpointdotng #startups #funding #investment #payments https://t.co/2frFyzSqaO
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Founded two months ago, Nigerian API fintech startup, Mono, has raised $500k in pre-seed funding from Lateral Capital and Ventures Platform among others. It will be used to expand the team and scale to Ghana and Kenya.

techpoint.africa
On Sep 22, 2020
@FINTECHCircle shared
Nigerian API #fintech, @mono_HQ, raises $500k pre-seed, wants to build Plaid for Africa 🌍 Via @ulonnaya @Techpointdotng #startups #funding #investment #payments https://t.co/2frFyzSqaO
Open

Nigerian API fintech, Mono, raises $500k pre-seed, wants to build Plaid for Africa

Nigerian API fintech, Mono, raises $500k pre-seed, wants to build Plaid for Africa

Founded two months ago, Nigerian API fintech startup, Mono, has raised $500k in pre-seed funding from Lateral Capital and Ventures Platform among others. It will be used to expand the team ...

Nigeria’s API fintech, Okra secures $1million pre-seed investment

Nigeria’s API fintech, Okra secures $1million pre-seed investment

In a continuation of activity in Nigeria's fintech space, Okra, an API fintech startup has secured a $1m pre-seed funding from TLCom Capital

Nigeria’s Paylater lending app is converting to a full-service digital bank

Nigeria’s Paylater lending app is converting to a full-service digital bank

Since launching in 2016, the Paylater mobile app has been downloaded by over 1 million users and disbursed loans over 13 billion naira ($36 million)

Nigerian startup Voyance launches fraud monitoring platform for fintechs

Nigerian startup Voyance launches fraud monitoring platform for fintechs

Nigerian data science startup Voyance has launched Sigma, a fraud monitoring platform for fintech companies that aggregates data in order to block fraudsters.

Regulations and instant payment alternatives put pressure on cards businesses to innovate

Regulations and instant payment alternatives put pressure on cards businesses to innovate

Instant payment alternatives in combination with PSD2 are forcing cards businesses to innovate. Learn more.

Nigerian API fintech start-up Okra gets $1m funding

Nigerian API fintech start-up Okra gets $1m funding

Nigeria-based API fintech platform Okra has secured a $1 million pre-seed fundraise from TLcom Capital to help its infrastructure building ambitions. The start-up says it offers the “first ...

List of FinTech Startups in Nigeria and What They Do

List of FinTech Startups in Nigeria and What They Do

Here in this article is an extensive (but not exhaustive) list of the FinTech startups and platforms in Nigeria and the different services they offer

Fintech startup Revolut launches direct debits

Fintech startup Revolut launches direct debits

Revolut has today launched GBP Direct Debits for all EEA customers with local UK account details, the latest feature added to its global financial retail and business platforms, as it ...

Nigerian open banking fintech Okra raises $1m from TLcom

Nigerian open banking fintech Okra raises $1m from TLcom

"We’re opening the door to another level of innovation," says founder.

Revolut Enables Direct Debit Payments For UK Clients

Revolut Enables Direct Debit Payments For UK Clients

Revolut has announced the launch of GBP Direct Debits, a new solution for its global financial retail and business platforms.

5 Ways Artificial Intelligence is Being Used in Africa

5 Ways Artificial Intelligence is Being Used in Africa

Even the Nigerian Stock Exchange maintains a chatbot called X-Bot since 2019. Credit and Moneylending Banks rely on credit for effective lending with mitigated risks – credit is developed ...

Leveraging mobile money to drive financial inclusion

Leveraging mobile money to drive financial inclusion

Although the Central Bank of Nigeria (CBN)’s 80 per cent financial inclusion target by 2020 looks unlikely to be realised, the recent surge in new offerings by mobile money operators (MMOs) ...

How German challenger banks are redefining business banking

How German challenger banks are redefining business banking

Insights from Penta’s Head of Business Banking, Patrick Camal.

Revolut launches GBP Direct Debits for EEA customers

Revolut launches GBP Direct Debits for EEA customers

Revolut has today launched GBP Direct Debits for all EEA customers with local UK account details, the latest feature added to its global financial retail and business platforms, as it ...

Revolut Launches GBP Direct Debits for All EEA Customers with Local UK Account Details

Revolut Launches GBP Direct Debits for All EEA Customers with Local UK Account Details

The new functionality will utilise Modulr’s Direct Debits Mandate, adding another essential feature that Revolut customers can use in their everyday lives. This new feature allows Revolut’s ...