Moniepoint

Nigeria's all-in-one business banking and payments platform

Moniepoint (formerly TeamApt) is Nigeria's largest business banking platform, processing millions of transactions daily via POS terminals, business accounts, and credit products. Serves over 1.8 million businesses and has the deepest POS network in Nigeria. Became a unicorn in 2023.

Facts about Moniepoint

Company type: Fintech
Funding stage: Series C+
Founded: 2015
Founders: Tosin Eniolorunda, Felix Ike
Headquarters: Lagos, Nigeria
Markets: 🇳🇬Nigeria
Total disclosed funding: $110M+
Valuation: $1B+ (unicorn, 2023)
Key investors: Development Partners International, Google Africa Investment Fund, Visa, QED Investors, Lightrock, International Finance Corporation, British International Investment, Novastar Ventures, Global Ventures