Alexander O. Onukwue
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Nigerian financial data startup Mono has raised a seed round of $2 million from a number of investors including Entrée Capital and Lateral Capital.
Babs Ogundeyi, co-founder and CEO of Kuda; Gbenga Oyebode, partner at The Continent Venture Partners; and Eric Idiahi, co-founder and partner at Verod Capital, also invested according to TechCrunch.
Mono was founded in 2020 by Abdul Hassan, a former product manager at Paystack, and Prakhar Singh. The company’s technology enables businesses and individuals to gain access to financial information, such as account statements, stored at commercial banks. Mono is one of out a number of startups creating open banking solutions in Nigeria.