Moniepoint logo
FintechVC-backedSeries C
Lagos, Nigeria · Founded 2015

Moniepoint

Financial happiness for every African business

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About Moniepoint

Moniepoint is Africa's largest business payments and banking platform, processing over $170B in annualized transactions. Starting as a POS terminal provider, Moniepoint now offers business accounts, lending, expense management, and payroll to over 3 million businesses across Nigeria. It became Africa's most recent unicorn in 2023 and was named by TIME as one of the world's best companies.

Moniepoint website preview

Screenshot of Moniepoint (moniepoint.com) — Financial happiness for every African business

Company facts

Category
Fintech
Funding stage
Series C
Total raised
$120M
Founded
2015
Team size
1000+
HQ
Lagos
Country
Nigeria
Website
moniepoint.com

Founders of Moniepoint

  • Tosin Eniolorunda
  • Felix Ike

Investors backing Moniepoint

  • Development Partners International
  • QED Investors
  • Google Ventures

Frequently asked questions

What does Moniepoint do?

Moniepoint is Africa's largest business payments and banking platform, processing over $170B in annualized transactions. Starting as a POS terminal provider, Moniepoint now offers business accounts, lending, expense management, and payroll to over 3 million businesses across Nigeria. It became Africa's most recent unicorn in 2023 and was named by TIME as one of the world's best companies.

Where is Moniepoint based?

Moniepoint is based in Lagos, Nigeria.

When was Moniepoint founded?

Moniepoint was founded in 2015.

How much has Moniepoint raised?

Moniepoint has raised $120M in their Series C round.

Who founded Moniepoint?

Moniepoint was founded by Tosin Eniolorunda, Felix Ike.

Who has invested in Moniepoint?

Moniepoint is backed by Development Partners International, QED Investors, Google Ventures.

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