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.
Read the storyA Direct Debit mandate gives businesses the authorization to collect scheduled payments directly from customers' accounts. Here's a look at how they typically work and how to set up one on a customer's account.
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In this excerpt from our newsletter, the Mono Log, we share company and product updates for the month of October 2024.
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Direct Debit is a safer and more convenient method for businesses to collect recurring payments from customers at agreed intervals. This guide will help you to better understand what Direct Debit is exactly, how it works, and why they may be a better payment option for your business.
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We're excited to introduce another secure and seamless way for businesses to create Direct Debit mandates on customers' accounts, with the launch of the No-code Mono Direct Debit Mandate. This feature allows your business to easily set up and initiate mandates via the Mono dashboard and collect recurring payments without writing a single of code.
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In 2023, we launched the first Mono Summer Internship program to give young talents the chance to work on real-world projects. Read Lase's story to learn about how he transitioned from being an intern to joining the Engineering team at Mono full-time.
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In this excerpt from our newsletter, the Mono Log, we share company and product updates for the month of September 2024.
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Mono Direct Debit empowers businesses to seamlessly collect single and recurring payments from customers' bank accounts with their permission. In this guide, we share how lenders can use Mono Direct Debit to build an automated loan recovery process within their product, helping them reduce the chance of defaults or missed payments.
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In this excerpt from our newsletter, the Mono Log, we share company and product updates for the month of August 2024.
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In 2023, we noticed that we have verified the identity details of over 1 million users in Nigeria, enabling the businesses that use Mono to increase their onboarding completion rate by 60%. We shared a breakdown of how using Mono Lookup for secure identity sharing helped these businesses achieve this.
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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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