A fintech platform that provides API access to bank data, simplifying integrations for other fintechs.
Flutterwave promotes 25% of its global workforce in talent retention move
Flutterwave promoted about 25% of its global workforce, offering cost-of-living adjustments and economic relief payments. The company acquired a microfinance banking license in April, enhancing its financial services capabilities.
Nigeria Government Wants To Invest $75 Million for Flutterwave’s Planned IPO
The Nigerian government announced plans to invest $75 million in Flutterwave's IPO. Flutterwave made a formal presentation to the Finance Minister and MoFI leadership.
Mergers and Acquisitions are Surging Amidst Market Exuberance on the Exit Trail
Flutterwave acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million. Paystack has officially entered the banking sector through the acquisition of Ladder Microfinance Bank, rebranded as Paystack Microfinance Bank.
Mono acquisition delivers Silverbacks’ 10th exit as the firm shifts sights to sports
Silverbacks Holdings recorded its 10th profitable exit with the acquisition of Mono by Flutterwave. The acquisition was structured as an all-stock deal, linking the exit value to Flutterwave's stock market performance.
Flutterwave Acquires Mono to Advance Open Banking and Account-to-Account Payment
Flutterwave has acquired Mono, enhancing its open banking capabilities. Mono's API-driven platform provides secure access to financial data and identity verification.
