Mono (Lagos) Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 25

Employees

  • Latest Deal Type
  • M&A

Mono (Lagos) General Information

Description

Developer of a financial technology software designed to power the digital economy in Africa. The company's software provides access to financial statements for historical and real-time transactions, balances, bank statements, credit, and spending patterns of a customer, along with access to initiate direct debit payments and recurring debit, enabling businesses to get an accessible way to check their financial statements and transactions conveniently.

Contact Information

Website
www.mono.co
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 8 Professor Gabriel Olusanya Street
  • Lekki Phase 1
  • Lagos, 106104
  • Nigeria
Primary Industry
Financial Software
Other Industries
Other Financial Services
Parent Company
Flutterwave
Vertical(s)
SaaS, FinTech
Corporate Office
  • 8 Professor Gabriel Olusanya Street
  • Lekki Phase 1
  • Lagos, 106104
  • Nigeria

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Mono (Lagos) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 05-Jan-2026 Completed Generating Revenue
6. Secondary Transaction - Private Completed Generating Revenue
5. Early Stage VC (Series A) 01-Sep-2021 Completed Generating Revenue
4. Seed Round 12-Mar-2021 Completed Generating Revenue
3. Accelerator/Incubator 02-Feb-2021 Completed Generating Revenue
2. Accelerator/Incubator $500K Completed Generating Revenue
1. Seed Round 22-Sep-2020 $500K $500K Completed Generating Revenue
To view Mono (Lagos)’s complete valuation and funding history, request access »

Mono (Lagos) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial technology software designed to power the digital economy in Africa. The company's software pro
Financial Software
Lagos, Nigeria
25 As of 2024

Lagos, Nigeria
 

Lagos, Nigeria
 
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Mono (Lagos) Competitors (4)

One of Mono (Lagos)’s 4 competitors is Paystack, a Formerly VC-backed company based in Lagos, Nigeria.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Paystack Formerly VC-backed Lagos, Nigeria
CowryWise Venture Capital-Backed Lagos, Nigeria
Stitch (Riyadh) Venture Capital-Backed Riyadh, Saudi Arabia
OnePipe Venture Capital-Backed Lagos, Nigeria
To view Mono (Lagos)’s complete competitors history, request access »

Mono (Lagos) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Mono (Lagos) Former Investors (25)

Investor Name Investor Type Holding Investor Since Participating Rounds
Acuity Ventures Partners Venture Capital Minority
Angel (individual) Minority
Entrée Capital Venture Capital Minority
Angel (individual) Minority
Angel (individual) Minority
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Mono (Lagos) FAQs

  • When was Mono (Lagos) founded?

    Mono (Lagos) was founded in 2020.

  • Where is Mono (Lagos) headquartered?

    Mono (Lagos) is headquartered in Lagos, Nigeria.

  • What is the size of Mono (Lagos)?

    Mono (Lagos) has 25 total employees.

  • What industry is Mono (Lagos) in?

    Mono (Lagos)’s primary industry is Financial Software.

  • Is Mono (Lagos) a private or public company?

    Mono (Lagos) is a Private company.

  • What is Mono (Lagos)’s current revenue?

    The current revenue for Mono (Lagos) is .

  • How much funding has Mono (Lagos) raised over time?

    Mono (Lagos) has raised $17.6M.

  • Who are Mono (Lagos)’s investors?

    Acuity Ventures Partners, , Entrée Capital, , and are 5 of 25 investors who have invested in Mono (Lagos).

  • Who are Mono (Lagos)’s competitors?

    Paystack, CowryWise, Stitch (Riyadh), and OnePipe are competitors of Mono (Lagos).

  • When was Mono (Lagos) acquired?

    Mono (Lagos) was acquired on 05-Jan-2026.

  • Who acquired Mono (Lagos)?

    Mono (Lagos) was acquired by Flutterwave.

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