Nigerian fintech startup Mono launches in Kenya
Mono, a Nigerian fintech startup that builds open banking infrastructure to enable access to customer financial data and bank payments for digital businesses in Africa, announced it has expanded its services to Kenya.
Kenya, being one of the most populous East African countries and is an advanced mobile money technology and services hub, creates a population of customers who have a growing appetite for innovative money solutions. Working with growing Kenyan businesses that provide customers with various financial solutions - from rent financing to micro loans - in the last few months prior to this launch, has been insightful and instrumental to Mono's understanding of the important role that secure access to financial data plays in the Kenyan market.
Bryan Maranga, Product Manager, LipaLater, Kenya: ''There is less friction with our customer journey and customers are able to sign up and receive credit decisions instantly resulting in better customer satisfaction. We’ve also seen improved Turnaround Times (TATs) with customers, and we’re able to make more informed credit decisions as we do not rely on customers’ self-reported income and expenses.''
In Kenya, Mono will secure access to customer financial data (transactions, income, statements) with the Mono Connect API, provide coverage across top 5 financial institutions, offer powerful, easy-to-integrate, and documented APIs, provide developer resources, SDKs, and Libraries, offer integration assistance, provide a dashboard to track customer connections and clear pricing to match your business needs.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here