Nigerian fintech powerhouse Moniepoint Inc. has taken a significant step toward expanding into East Africa, following the green light from the Competition Authority of Kenya (CAK) to acquire a 78% stake in Sumac Microfinance Bank Limited. The acquisition, however, still awaits final approval from the Central Bank of Kenya (CBK), […]
Moniepoint
Moniepoint, a leading Nigerian fintech company, has launched MonieWorld, a remittance platform designed specifically for African immigrants in the United Kingdom. This new initiative is Moniepoint’s first major step outside of Africa and is aimed at addressing the financial needs of the African diaspora, particularly in the bustling UK–Nigeria money […]
The British Deputy High Commissioner in Lagos, Mr. Jonny Baxter, paid a working visit to the UK office of Moniepoint Inc., one of Africa’s leading fintech powerhouses. The visit signals the strengthening of UK-Nigeria trade relations, with both nations looking to deepen bilateral ties in key sectors such as financial […]
Moniepoint Inc , one of Africa’s foremost digital financial services providers, has unveiled DreamDevs, a hands-on tech training initiative targeting young, ambitious graduates with a passion for innovation and real-world impact. Launched with a competitive hackathon that selected 20 standout talents, DreamDevs offers a nine-week immersive boot camp tailored to […]
As part of its commitment to empowering women in technology, Moniepoint Inc., one of Africa’s fastest-growing financial institutions, has expanded its Women in Tech program. In celebration of International Women’s Day (IWD) 2025, the company announced an increase in available internship roles from 10 to 15, reinforcing its dedication to […]
A cross section of Moniepoint Executives and the Foreign Affairs delegation during the Minister’s visit to the Moniepoint office as part of the Minister’s High-Level Working Visit To The United Kingdom last week. As Nigeria’s fintech sector continues to thrive, the Honourable Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, […]
L-R Managing Director, Moniepoint MFB, Babatunde Olofin; Chief Operating Officer, AfriGOPay Financial Services, Ugo Obasi; MD/CEO, AfriGOPay Financial Services, Ebehijie Momoh and Co-Founder and Group CEO, Moniepoint Inc, Tosin Eniolorunda during a courtesy visit to AfriGo in Lagos. Moniepoint Inc has joined forces with Afrigopay Financial Services Limited (AFSL), a […]
Visa, a global leader in digital payments, has announced an investment in Moniepoint Inc., a prominent Nigerian fintech company dedicated to supporting small and medium-sized enterprises (SMEs). Established in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint—formerly TeamApt Inc.—provides SMEs with an integrated suite of services, including digital payments, business […]
October 2024 marked a significant month for African startups, with a total of $254 million secured in funding, fueled by a record-setting $110 million Series C round from Nigerian fintech Moniepoint. This single investment accounted for 43% of the month’s total, reinforcing Nigeria’s leading role in Africa’s technology landscape and […]
The Central Bank of Nigeria (CBN) has announced the imminent resumption of new customer enrollment for mobile money operators, including prominent fintech firms such as OPay, Palmpay, Kuda Bank, and Moniepoint. CBN Governor Olayemi Cardoso disclosed this during the 295th Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday. […]