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Updated: Mono New Product Pricing (Nigeria)

Here's a breakdown of Mono's updated pricing in Nigeria:

Ololade Akingbade avatar
Written by Ololade Akingbade
Updated over 3 weeks ago

From the 1st of May, 2025, here are the changes that will take effect for Mono products.

Direct Debit

All Transactions between N200 and N20,000 will be charged a minimum fee of N55 per transaction. Please note that this minimum transaction fee will impact both new and existing mandates from the 1st of May, 2025.

Mono Connect

Subscription plans will now be charged as follows

Plan/
Features

30-Day Trial

Basic

Starter

Business

Growth

Premium

Pricing per month

Free

50,000 NGN

100,000 NGN

150,000

NGN

200,000 NGN

500,000 NGN

Unique Accounts

capped at 5 monthly

capped at 100 monthly

capped at 350 monthly

capped at 700 monthly

capped at 1000 monthly

capped at 2500 monthly

Account Information

Yes

Yes

Yes

Yes

Yes

Yes

Transaction

Yes, one page only

Yes

Yes

Yes

Yes

Yes

Identity

No

Yes

Yes

Yes

Yes

Yes

Statement

Yes

Yes

Yes

Yes

Yes

Yes

Credit/Debit endpoint

No

Yes

Yes

Yes

Yes

Yes

Transaction Category

No

No

No

Yes

Yes

Yes

Earnings/
Assets

No

No

Yes

Yes

Yes

Yes

Income Verification

No

No

Yes

Yes

Yes

Yes

Account insights

No

No

No

Yes

Yes

Yes

Widget Customisation

No

No

No

No

Yes

Yes

Telco Endpoint

No

No

No

No

No

Yes

Partner's API

No

No

No

No

No

Yes

Real-time data API Calls

No

capped at 50 API calls

capped at 150 API calls

capped at 200 API calls

capped at 300 API calls

capped at 500 API calls

For Enterprise Plans, kindly reach out to [email protected] to discuss further.

Mono Lookup

Each API will now be charged as follows per call

Mono Lookup endpoint

What the endpoint returns

New pricing (Per API call)

NIN Lookup

Verify the identity details of users using their NIN

NGN 80.00

Bank Accounts Lookup

Return all the bank accounts linked to the user’s BVN

NGN 842.00

BVN Lookup (iGree)

Verify users’ BVN with their consent

NGN 30.00

CAC Lookup

Verify a business’ identity information with their CAC

NGN 64.00

CAC Lookup (Company Directors)

Look up the director of a business or company

NGN 260.00

CAC Lookup (Company Shareholders)

Retrieve the shareholders' details associated with a business or company

NGN 236.00

CAC Lookup (Company Secretary)

Look up the secretary of a business or company

NGN 142.00

CAC Lookup (Company Previous Address)

Retrieve the previous address of a business or company

NGN 10.00

CAC Lookup (Company Previous Name)

Return any previous names of a business or company

NGN 10.00

Credit History Lookup

Return users’ recent and historical credit information

NGN 600

TIN Lookup

Verify the Tax Identification Number (TIN) of a business or individual

NGN 140.00

Individual Verified House Address Lookup

Validate users’ house addresses

NGN 282.00

International Passport Lookup

Verify users’ identity details using their International passports

NGN 170.00

Account Number Lookup

Check the account ownership of users with their account numbers

NGN 4.00

Driver’s License Lookup

Lookup the user’s identity information using their Driver’s license number

NGN 60.00

This new pricing is provided in accordance with Section 5.1 of the Service Level Agreement. It may be updated from time to time at the discretion of Mono. By continuing to use the services after the effective date of any update, the Partner is deemed to have accepted the revised pricing in full.

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