Mono

Mono

Private
Lagos, LagosFinTechhttps://www.mono.co

Last Round

Series A

Oct 11, 2021

Est. Valuation

$100M

Total Funding Raised

$17.63M

Company Overview

Mono (Nigeria) is a financial technology company that offers an API software solution to enhance access to financial statements, transaction data, and payment initiation for businesses in Africa's digital economy.

Sector

FinTech

Verticals

Financial Data, Digital Payments, API Management, Lending & Credit, Low-Code/No-Code

Business Model

B2B2C

Customer Profile

Subscription SaaS, Data as a Service, Usage-Based SaaS, Payment Processing Fee, Freemium

AI Layer

Non-AI

Keywords

open bankingfinancial data APIfintech infrastructuredirect bank paymentsaccount-to-account paymentsA2A paymentspayment initiationfinancial data aggregationAPI platformbank account linkingdeveloper toolssubscription SaaSno-code toolsKYCusage-based billingcorporate finance management

Historical Pricing

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Mono Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Mono Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AOct 11, 2021
SeedMay 24, 2021
AcceleratorFeb 3, 2021
Pre SeedSep 21, 2020

Key People

Founding team and executive leadership

Abdul Hassan

Co-founder and CEO

Founding Team

Prakhar Singh

CTO

Executive Team

Mono Investors

Notable investors and investment history

InvestorRounds
The Continent Venture PartnersSeed
Golden Palm InvestmentsSeries A, Pre Seed
RaliCapPre Seed
Ventures PlatformPre Seed
Magic FundSeed
Entrée CapitalSeries A, Seed
Target GlobalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 8, 2025

    Added Kuda Technologies Ltd as a customer.

  • Dec 8, 2025

    Added PiggyTech Global Limited, an SMB fintech company.

Mono Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Mono Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Mono's valuation, stock price, and market status.

Firmographic Details

HeadquartersLagos, Lagos
Employee Range68
Year Founded2020
Last FundingOct 11, 2021

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