The Mono financial API platform, located in Lagos, now operates in Kenya.
by Ebor Cletus Ralph Jr
As part of its intentions to gradually spread across Africa, Kenya, a country in East Africa , has been included to the API financial platform Mono, founded in Nigeria.
As reported on Tuesday, the business announced the growth on its website.
An open banking infrastructure startup called Mono, formed in 2020, provides APIs that let African businesses use financial data and receive direct bank payments on a single platform.
The Nigeria-based financial firm was created by Prakhar Singh and Abdulhamid Hassan.
The company further noted that Kenya was chosen because it’s one of the most populous East African countries and has one of the fastest growing tech economies.
“Today, we’re announcing that Mono is live in Kenya.
“Kenya is one of the most populous East African countries and is an advanced mobile money technology and services hub, creating a population of customers who have a growing appetite for innovative money solutions,” according to the company’s statement.
