Four months ago, Mono officially launched in Kenya and we have worked with several growing businesses like Lipa Later and Umba to innovate for their customers. Today, we’re excited to share that we have been awarded a Certificate of Registration by the Office of the Data Protection Commissioner (ODPC) and are now duly recognized as a Data Processor in Kenya.
After a successful application and a thorough review of how we process and handle data at Mono, we are proud to have received this certification to power more internet businesses in Kenya to securely access customers’ financial data, in compliance with data laws and regulations under the Kenya Data Protection Act.
Why this is important to us and businesses in Kenya
As a fintech company building open banking infrastructure for African businesses, this certification strengthens our commitment to consumer data privacy and ensures that we continue to keep users’ personal details safe whenever they share their data with a business.
It also serves to enable us build trust in the Kenyan market, with both internet businesses and their customers whose permission forms the centre of a secure financial data-sharing process.
Ultimately, this authorisation is another important step in the direction of innovation; making it simpler and more secure for users to share their financial data with their preferred businesses, and for these businesses, in turn, to create relevant and personalized services for their users with access to our APIs and no-code tools.
What Mono offers businesses in Kenya
As a business in Kenya, you can use Mono to:
Securely access customer financial data (transactions, income, statements) with the Mono Connect API
Collect users’ accurate and updated financial statements with our no-code tool, Mono Statement Pages
Verify users’ identity and account information during onboarding
Build personalised financial solutions with our easy-to integrate APIs and well-documented developer resources
Manage and track your connections with the Mono Dashboard
Get reliable coverage across 7 financial institutions in Kenya
How to get started with Mono in Kenya
To get started with Mono in Kenya, create a free account at mono.co/signup.
As a developer:
Here’s how to activate your developer account on Mono.
As a registered business:
Here’s how to activate your business account on Mono.