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Events / Moniepoint Inc.'s Decade of Growth...
Business Fintech growth

Moniepoint Inc.'s Decade of Growth and N1 Trillion Credit Milestone

Analysis based on 7 articles · First reported Jan 29, 2026 · Last updated Feb 03, 2026

Sentiment
70
Attention
4
Articles
7
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

Moniepoint Inc.'s strong growth and successful funding round signal a positive outlook for the fintech sector in Nigeria and Africa, attracting further investment and potentially increasing competition. Its expansion into the United Kingdom also highlights the growing importance of remittance corridors and cross-border financial services.

Financial services Technology E-commerce
Event Summary

Moniepoint Inc. Inc., a leading Nigerian fintech platform, released its 2025 Year in Review, marking a decade of significant growth and impact. The company's microfinance bank disbursed over N1 trillion in credit to thousands of small businesses, which experienced an average growth of over 36% after accessing credit. Moniepoint Inc. processed N412 trillion in transaction value across 14 billion transactions, solidifying its role as Nigeria's largest merchant acquirer. The year 2025 also saw Moniepoint Inc. complete a Series C funding round, raising over $200 million from institutional investors including Development Partners International, Alphabet Inc.===Google's Africa Investment Fund, Visa Inc., International Finance Corporation, and Verod Capital Management. The company expanded internationally with the launch of MonieWorld in the United Kingdom to serve the African diaspora. Moniepoint Inc. also secured licenses from Mastercard and Visa Inc. for its subsidiary TeamApt Ltd, enabling direct international card payments. Additionally, Moniepoint Inc. partnered with the Federal Government of Nigeria and the Nigeria===Kaduna State Government on social intervention programs.

Key Actions
95 Moniepoint Inc. disbursed over N1 trillion in credit
95 Moniepoint Inc. completed Series C funding round, raising over $200 million
90 Moniepoint Inc. processed N412 trillion in transaction value
80 Moniepoint Inc. secured licenses from Mastercard and Visa Inc.
70 Moniepoint Inc. launched MonieWorld United Kingdom
60 Moniepoint Inc. acquired national Microfinance Bank license
50 Moniepoint Inc. partnered with Federal Government of Nigeria Nigeria
40 Moniepoint Inc. partnered with Nigeria===Kaduna State Government Nigeria===Kaduna State
Entities Involved
priv
Moniepoint Inc.
Moniepoint Inc. has achieved significant growth, disbursing over N1 trillion in credit and processing N412 trillion in transactions, solidifying its position as a key financial infrastructure in Nigeria. The company also completed a Series C funding round, raising over $200 million, and expanded internationally with MonieWorld in the United Kingdom.
Importance 100 Sentiment 85
per
Tosin Eniolorunda
As Group CEO and Founder, Tosin Eniolorunda has led Moniepoint Inc.'s intentional evolution and growth, emphasizing its mission to create financial happiness and unlock Africa's entrepreneurial potential. His vision has been instrumental in the company's decade of impact and strategic expansion.
Importance 90 Sentiment 75
cnt
Nigeria
Moniepoint Inc.'s operations significantly support the Nigerian economy by providing financial services to over 6 million businesses, driving financial inclusion, and contributing to the nation's goal of becoming a trillion-dollar economy by 2030. The company also partners with the Federal Government of Nigeria on social intervention programs.
Importance 80 Sentiment 60
per
Felix Ike
Felix Ike co-founded Moniepoint Inc., contributing to its establishment as a leading financial platform for Nigerian SMEs. His foundational role has been crucial to the company's decade-long journey and success.
Importance 50 Sentiment 60
stock
Visa Inc.
Visa Inc. is an institutional investor in Moniepoint Inc.'s Series C funding round. Additionally, TeamApt Ltd, a subsidiary of Moniepoint Inc., secured licenses from Visa Inc. to act as a processor and acquirer, enabling direct international card payments.
Importance 50 Sentiment 65
stock
Mastercard
TeamApt Ltd, a subsidiary of Moniepoint Inc., secured licenses from Mastercard to act as a processor and acquirer for its global card schemes. This allows TeamApt to support international card payments directly.
Importance 50 Sentiment 65
priv
Development Partners International
Development Partners International is a leading institutional investor that participated in Moniepoint Inc.'s Series C funding round, contributing to the over $200 million raised. This investment signifies confidence in Moniepoint Inc.'s growth trajectory and market potential.
Importance 40 Sentiment 60
+ 5 more entities View on Dashboard
Relationships
Tosin Eniolorunda related ↔ Moniepoint Inc.
Felix Ike related ↔ Moniepoint Inc.
Moniepoint Inc. related ↔ Development Partners International
Moniepoint Inc. related ↔ Alphabet Inc.===Google
Moniepoint Inc. related ↔ Visa Inc.
Moniepoint Inc. related ↔ International Finance Corporation
Moniepoint Inc. related ↔ Verod Capital Management
Moniepoint Inc. related ↔ Mastercard
Moniepoint Inc. related ↔ Nigeria
Tosin Eniolorunda related ↔ Nigeria
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