Mono (acquired by Flutterwave) Supported Banks: 24+...

What is Mono (acquired by Flutterwave)?

Mono (acquired by Flutterwave) is an open banking API aggregator that provides connectivity to financial institutions. Through Mono (acquired by Flutterwave)'s platform, developers can integrate with 24+ banks and financial institutions through a single API integration.

API aggregators like Mono (acquired by Flutterwave) simplify the process of connecting to banks by providing:

Standardized API interfaces across multiple banks
Pre-built authentication flows
Data normalization and enrichment
Regulatory compliance handling

Browse the bank coverage below to see which financial institutions are supported by Mono (acquired by Flutterwave).

#Mono (acquired by Flutterwave) Supported Banks (24)

Showing 24 of 24 banks tracked

Name	APIs	View
Access Bank	-	View
ALAT by WEMA	-	View
AltBank	-	View
Brass	-	View
Chaka	-	View
Cowrywise	-	View
Ecobank Nigeria	-	View
Fidelity Bank	-	View
FIRST BANK	-	View
First City Monument Bank (FCMB)	-	View
GTBank	-	View
Heritage Bank Nigeria	-	View
Keystone Bank	-	View
Kuda	-	View
Opay	-	View
Piggyvest	-	View
ProvidusBank	-	View
Risevest	-	View
Stanbic IBTC Bank	-	View
Standard Chartered South Africa	-	View
Sterling Bank	-	View
Union Bank of Nigeria	-	View
VULTe	-	View
Zenith Bank	-	View

Open Banking FAQ

What is Open Banking?

Open Banking is a system that allows third-party financial service providers to access consumer banking data through APIs, with customer consent. Regulated by PSD2 in Europe and similar frameworks globally, Open Banking enables services like account aggregation, payment initiation, and financial comparison tools. It promotes competition and innovation in financial services.

What is an API aggregator?

An API aggregator (also called open banking platform or data aggregator) is a company that provides unified access to multiple banks' APIs through a single integration. Instead of connecting to hundreds of banks individually, developers integrate once with an aggregator like Plaid, Tink, or TrueLayer to access thousands of financial institutions. This simplifies building financial apps.

What is PSD2?

PSD2 (Payment Services Directive 2) is an EU regulation that requires banks to provide API access to authorized third parties. Implemented in 2019, PSD2 created the legal framework for Open Banking in Europe. It introduced two new types of regulated providers: AISPs (Account Information Service Providers) for data access and PISPs (Payment Initiation Service Providers) for payments.

Is Open Banking safe?

Yes, Open Banking is designed with security as a core principle. All third-party providers must be licensed and regulated by financial authorities (FCA in UK, national regulators in EU). Data is encrypted, you authenticate directly with your bank, and you control which apps access your data. You can revoke access at any time. Banks never share your login credentials with third parties.