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Mono Blog

Product

26 Mar, 2025Product

Differences between Mono DirectPay and Mono Direct Debit

Here's a breakdown of the differences between the Mono DirectPay product and Mono Direct Debit, how they typically work, and how you can use them to either collect one-time or recurring payments from customers.

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  • Martha Obike
    Growth
14 Aug, 2024Product

The Mono Income API v2 is live!

The Mono Income API has gotten its newest upgrade to version 2! This update provides businesses like lenders and wealth management services with deeper and more robust insights into users' income data to help them make more accurate decisions.

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  • Adetoro Adekoga
    Engineering
7 Aug, 2024Product

Introducing: The Mono Creditworthiness API

We're excited to introduce the Mono Creditworthiness API to credit businesses operating in Nigeria. This endpoint empowers businesses to securely evaluates potential borrowers' financial standing and cash flow behaviour to determine their eligibility and affordability for credit facilities.

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  • Keyukemi Ubi
    Growth
10 Jul, 2024Product

Introducing Mono Data Enrichment API

We're excited to introduce the Mono Data Enrichment product to enable businesses to extract key insights from users' transaction data to deliver highly personalized services your customers truly need.

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  • Jennifer Onwudiwe
    Growth
3 Jun, 2024Product

Mono Direct Debit is live!

Five months since we launched in private beta, we're excited to share that Mono Direct Debit is live and publicly available to businesses in Nigeria. This allows you to securely initiate mandates on customers' accounts and collect scheduled payments with their consent.

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  • Martha Obike
    Growth
8 Apr, 2024Product

Introducing Mono API Version 2

Mono Connect and DirectPay APIs have gotten an upgrade to v2! These updates and newly released endpoints come with stronger capabilities to match the new Mono widget v2.

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  • King Kenway
    Growth
27 Mar, 2024Product

5 ways we have improved the widget experience for your users

Here's how we've made the experience better on the version 2 of the Mono widget. Now, your users can link their financial accounts and make payments to your business more securely than before.

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  • Martha Obike
    Growth
21 Feb, 2024Product

The Mono Widget 2.0 is Live!

We've just launched the first major update to the Mono widget! After over three years since the first widget was launched to enable users securely link their bank accounts to share financial data with businesses, this new update to the Mono widget comes with lots of innovative improvements to make the account linking and payment experience more seamless and secure.

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  • Jennifer Onwudiwe
    Growth
6 Feb, 2024Product

Introducing the Mono Credit History Lookup endpoint

The Mono Credit History Lookup endpoint unlocks opportunities for your business to improve your loan-decisioning accuracy and speed, and potentially reduce loan default rates. Here's everything you need to know about it.

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  • Jennifer Onwudiwe
    Growth
29 Nov, 2023Product

Mono Direct Debit is now in Private Beta

We're excited to announce a new way for businesses to securely collect payments by initiating mandates seamlessly on their customers' bank accounts. Read more to see how Mono Direct Pay works and join the waitlist to get access.

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  • Jennifer Onwudiwe
    Growth

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