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Mono Blog

The Mono Log - Mono Newsletter, May 2022

Jun 15, 2022

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In our last newsletter, we shared two new dashboard updates, notes on our illustration design style at Mono, some partner news, and a moment with our team.

Today, we will be sharing Mono dashboard updates for DirectPay payments, new bank connections, and more. Keep reading for the highlights.

Product and Company Updates

Dashboard search for payments

Search for payments on the Mono dashboard

Partners who collect payments using our DirectPay product can now search for payments on the Mono dashboard, with payment references and users’ account numbers. This allows you to view, track, and sort through payment information more easily.

To use this, navigate to the Payments tab on the dashboard, click on the search bar at the top to fill in the specific reference or account number, and press the Enter key to see your search results. Log in to your Mono dashboard to try this.

New connections in Ghana and Kenya

New bank connections in Ghana and Kenya on the Mono widget

We have added three (3) new connections on the Mono Connect widget: Equity Bank for Kenyan users, and also CalBank and FNB (personal account types) for Ghanaian users.

With these connections, users in Kenya or Ghana can now securely connect their bank accounts to your app, so you can securely access their financial data, with their consent. Try a demo here.

Account number in exports

See account numbers when you export payments from your Mono dashboard

When you export records of your DirectPay payments (in either PDF or CSV formats), we now include a column with the account numbers that your customers have made the payments from. This provides you with more customer information on payments for auditing and reconciliation purposes.

To use this, log in and navigate to the Payments tab on the Mono dashboard and click the Export button at the top.

Partner News

Bridgecard announces pre-seed round

Bridgecard uses Mono to aggregate accounts and assign a single debit card to spend from, all in one app

Bridgecard recently raised $440,000 in pre-seed funding to scale their product and enable more users to manage multiple linked financial accounts, perform online transactions, and pay bills all with one card and an app.

Grey launches in Kenya

Grey has announced its expansion to East Africa with a launch in Kenya, in partnership with Cellulant. Now, Kenyan users can sign up to use Grey to receive money and complete international transfers in their preferred currency, and withdraw to M-Pesa or their Kenyan bank accounts.

On the Mono blog

Why you should link a financial account with Mono

A while ago, we published this article to show users exactly how linking their financial accounts and securely sharing financial data with your app works, using Mono. We find that to build trust, it's highly important to continue to educate end-users on how this connection is secure, and the ways that they can access more innovative and personalized financial services by securely linking their accounts to your service.

If you frequently get questions from your users about how Mono works and why they should link their accounts, this piece and the video break it all down. Don't hesitate to share! Watch the video here.

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