Flutterwave / Mono 2026
Flutterwave acquired Mono on January 1, 2026.
- Target
- Mono
- Acquirer
- Flutterwave
- Announced
- January 1, 2026
- Sub-sector
- Embedded Finance
Transaction overview
- Flutterwave announced the acquisition of Mono on January 1, 2026.
Strategic rationale
Acquisition of open banking infrastructure enabling Flutterwave to secure Nigerian microfinance banking licence, own deposit and lending capabilities, and improve margins through proprietary settlement rails.
Deal terms & multiples
Sources
- techcabal.com /2026/04/02/flutterwave-mfb/