They've landed over 100 banking partners. Xtransfer now processes over 12 billion USD every month for SMEs around the world. #fintech #b2bpqyments #crossborderpayments #SME #banking
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African merchants can’t scale on fragmented integrations. In the AFTSLIVE session Why Flutterwave Acquired Mono and What It Means for African Commerce, Gabriel Ologunwa explained a core bottleneck: many merchants are forced to integrate separately with payments, KYC, banking, and credit providers, a model that’s costly and unsustainable at scale. The Mono acquisition addresses this by using open banking APIs as a single connectivity layer, making digital banking infrastructure usable across serv
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Payments were never the endgame. They were the entry point. During the AFTSLIVE session Why Flutterwave Acquired Mono and What It Means for African Commerce, Gabriel Ologunwa explained why fintechs moving into banking is not a one-off trend, but a structural shift. As payment processors scale, they face margin pressure, tighter regulation, and growing customer demand for more capabilities. The result is evolution. Fintechs are embedding banking-grade controls and licenses directly into their pla
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