Moniepoint Inc.

Moniepoint Inc. is an African financial technology company founded in 2015. Through a single ecosystem it provides payments, banking, credit and business management tools to businesses and individuals across the continent, with its heaviest presence in Nigeria. Its stated mission is to create financial happiness for every African, everywhere.

The company's payments arm is Nigeria's largest merchant acquirer and powers the majority of the country's point of sale (POS) transactions. Banking services are delivered through Moniepoint MFB, a microfinance bank regulated by the Central Bank of Nigeria, alongside credit and lending products and software that helps businesses run their operations and move money. Its technical work spans payments technology, digital banking, credit platforms, POS systems and microfinance banking infrastructure.

Moniepoint reports over 10 million business and individual accounts and monthly transaction volumes of $17-22 billion through its subsidiaries. It operates profitably, reached unicorn valuation status and was named Africa's fastest-growing fintech in 2023 and 2024 by the Financial Times and Statista. The company raised $110 million in a Series C round.