Moniepoint is Africa's all-in-one financial ecosystem, providing seamless payments, banking, credit, and business management tools to millions of businesses and individuals across the continent. Founded in 2015 and formerly known as TeamApt, the company has rapidly grown to become Nigeria's largest merchant acquirer, powering the majority of the country's Point of Sale (POS) transactions. With over 10 million business and individual accounts, Moniepoint processes $17-22 billion monthly through its subsidiaries while operating profitably, demonstrating remarkable scale and efficiency in the financial technology sector.
Recognized as Africa's fastest-growing fintech in 2023 and 2024 by the Financial Times and Statista, Moniepoint has achieved unicorn status following a $110 million Series C funding round led by Google's Africa Investment Fund and Development Partners International. The company's mission is to create financial happiness for every African, everywhere, by building reliable products that people and businesses use daily to run their lives, grow their companies, and move money safely. Through its subsidiaries including Moniepoint MFB (a Central Bank of Nigeria-regulated microfinance bank), the company delivers comprehensive financial services that power dreams across emerging markets.
