Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 7 companies across 1 category.
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Founded 2020 as Africa's answer to Plaid — an open banking API connecting bank accounts to fintech apps. Expanded from financial data aggregation into payments (DirectPay, DirectDebit, Global Standing Mandate) and identity verification (Lookup, Prove), positioning as a full open finance infrastructure platform for Nigerian and broader African fintechs.
Other Open Banking providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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<img src="https://www.embeddedfinanceindex.com/api/badge/mono/install" width="1" height="1" alt="" style="display:none">7 companies disclose Mono in their stack in the Embedded Finance Index 2026, including Union Bank of Nigeria (Formerly Titan Trust Bank), Indicina, PaidHR, Ecobank, GT Bank, Ecobank Group and Ecobank Nigeria.
Mono is an embedded-finance provider in Open Banking. It ranks #16 of 87 Open Banking providers by disclosed buyers.
The most-disclosed Open Banking alternatives to Mono are Plaid (293 buyers), Salt Edge (60 buyers), MX (56 buyers), GoCardless (54 buyers), TrueLayer (43 buyers) and Tink (41 buyers).
Mono is founded in 2020 and headquartered in Lagos, Nigeria.
Mono has raised $17.65M in total.
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