Moniepoint Inc. is an African financial technology company founded in 2015. It operates an all-in-one financial ecosystem that provides payments, banking, credit, and business management tools to businesses and individuals across Africa, with a primary presence in Nigeria.
The company's platform serves over 10 million accounts and processes a monthly transaction volume estimated between $17 billion and $22 billion. It holds the position of Nigeria's largest merchant acquirer, powering the majority of the country's point-of-sale (POS) transactions. Moniepoint includes a licensed microfinance bank subsidiary, Moniepoint MFB, as part of its banking services.
Moniepoint has been recognized as Africa's fastest-growing fintech company in 2023 and 2024 by the Financial Times and Statista. The company has achieved unicorn status following a $110 million Series C funding round and reports operating profitably. Its stated mission is to create financial happiness for every African.
