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African Startup Funding Tracker

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Nigerian FinTech Mono Receives USD 125 K From Y Combinator
Nigerian FinTech Mono Receives USD 125 K From Y Combinator

Nigerian Fintech startup Mono has been selected into Silicon Valley-based accelerator Y Combinator’s Winter 2021 batch. This comes with USD 125 K in seed funding and further support.

Launched in August 2020, Mono is a digital platform which helps businesses to run a smooth onboarding process for customers, accessing and verifying their financial data. It enables businesses to access financial accounts for spending patterns, balances, real-time and previous transactions executed.