Question 1

Who funded Moniepoint?

Accepted Answer

Moniepoint has been funded by Development Partners International, QED Investors, Google Ventures.

Question 2

How much has Moniepoint raised?

Accepted Answer

Moniepoint has raised $120M in total funding, most recently in their Series C round.

Question 3

Who founded Moniepoint?

Accepted Answer

Moniepoint was founded by Tosin Eniolorunda, Felix Ike in 2015.

Question 4

What does Moniepoint do?

Accepted Answer

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.

Who funded Moniepoint?

3 investors

Moniepoint funding facts