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Moniepoint
Nigeria · Fintech
Payments, banking and credit services for African businesses and their customers.
Product
Moniepoint helps businesses accept payments, manage accounts and access credit through an integrated financial platform. Its services combine point-of-sale payments with business banking and management tools, giving merchants a way to handle everyday transactions and finance their operations.
Founded by Tosin Eniolorunda and Felix Ike in 2015, the company began as TeamApt, providing payment infrastructure to banks. It later built its own merchant and banking services in Nigeria and expanded into personal banking through Moniepoint Microfinance Bank.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series C first close | $110M | African Development Partners III — LeadGoogle’s Africa Investment Fund — ParticipantLightrock — ParticipantVerod Capital — Participant |