Moniepoint
Founded Year
2015Stage
Series C - II | AliveTotal Raised
$167.5MLast Raised
$10M | 1 mo agoRevenue
$0000About Moniepoint
Moniepoint is a financial technology company that provides digital financial services for businesses. The company's services include payment solutions, banking services, credit provision, and business management tools that assist in financial transactions and operations. Moniepoint was formerly known as TeamApt. It was founded in 2015 and is based in Lagos, Nigeria.
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Moniepoint's Products & Differentiators
Monnify
sent Today at 9:27 AM Monnify is a payment gateway for businesses to accept payments from customers, either on a recurring or one-time basis. Monnify offers an easier, faster and cheaper way for businesses to get paid on their web and mobile applications using convenient payment methods for customers with the highest success rates obtainable in Nigeria.
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Research containing Moniepoint
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Moniepoint in 1 CB Insights research brief, most recently on Oct 4, 2022.
Oct 4, 2022 report
The Fintech 250: The most promising fintech companies of 2022Expert Collections containing Moniepoint
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Moniepoint is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,261 items
Fintech
13,559 items
Excludes US-based companies
Fintech 100
449 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Banking
814 items
Fintech 100 (2024)
100 items
Latest Moniepoint News
Mar 3, 2025
Firm News Few things have the power to bring people together and cultivate a sense of teamwork like the beautiful game of football. Oui Capital encourages teams to explore beyond business as usual through the dynamic fusion of competition, camaraderie, and creativity fostered at Startup Cup. Startup Cup offers a refreshing opportunity, uniting founders, startup employees, investors, and friends of the tech ecosystem on the football pitch. There, talent and teamwork shared the limelight, forging connections and hopefully catalysing further innovation. Kicking off innovation: A recap of Startup Cup 2023 On the 21st of October 2023, under the Lagos sun, Meadow Hall transformed into a professional pitch as the second edition of Startup Cup unfolded. Managing Partner of Oui Capital, Olu Oyinsan giving the opening speech at Startup Cup 2023 The 7-a-side tournament featured teams like EightMedical, Spurt!, Moniepoint, Qore, Shuttlers, OmniRetail, Grey, and TradeDepot, all vying for the coveted trophy and bragging rights. The competing teams displayed skill and determination on the football field. In a thrilling turn of events, Eight Medical emerged as the champions, dethroning the defending champions, TradeDepot who came in second place, while Moniepoint secured the 3rd place spot. A Collage of the Champions, 2nd & 3rd Place Winners The tournament provided opportunities for victory beyond these three placements. Awards for the best supporters group, top goal scorer, Man and Woman of the Tournament, and best goalkeeper added an extra layer of excitement, highlighting that excellence knows no boundaries in the startup realm. Partnerships are the foundation of Startup Cup's success story. Startup Cup 2023 was sponsored by Mazars, DOA Law, and Duplo, all of whom played pivotal roles in bringing the event to life. Additional partners included WeTalkSound, Sporting Lagos, Homemade by Eden, Reelfruit, and Lucozade. View more pictures of Startup Cup here Startup Cup 2023 demonstrated once again that collaboration is key to creating a thriving ecosystem. The Future Awaits If you wish to be a part of the next edition of Startup Cup, whether as a participating team, sponsor, or service partner, you can secure your spot through this link . Join us on this exciting journey! Other News
Moniepoint Frequently Asked Questions (FAQ)
When was Moniepoint founded?
Moniepoint was founded in 2015.
Where is Moniepoint's headquarters?
Moniepoint's headquarters is located at Off Adeola Odeku, Victoria Island, Lagos.
What is Moniepoint's latest funding round?
Moniepoint's latest funding round is Series C - II.
How much did Moniepoint raise?
Moniepoint raised a total of $167.5M.
Who are the investors of Moniepoint?
Investors of Moniepoint include Visa, Lightrock, Development Partners International, Verod Capital Management, Google for Startups Accelerator and 13 more.
Who are Moniepoint's competitors?
Competitors of Moniepoint include FairMoney, PalmPay, OurPass, TechFusion, Flutterwave and 7 more.
What products does Moniepoint offer?
Moniepoint's products include Monnify.
Who are Moniepoint's customers?
Customers of Moniepoint include Fair Money and Konga.
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Compare Moniepoint to Competitors
Kuda operates in the financial services sector. The company offers a range of services, including money transfers, savings and investment options, and credit facilities such as overdrafts and term loans. Kuda primarily serves individuals and businesses, providing solutions for personal finance management and business operations. Kuda was formerly known as Kudimoney Bank. It was founded in 2018 and is based in Lagos, Nigeria.
Opay is a digital payment platform that provides financial services. The company allows fund transfers, cashback on airtime and data top-ups, and has a savings account with daily interest. Opay provides a debit card that can be used for online transactions and offers customer service support. It was founded in 2018 and is based in Lagos, Nigeria.
Ogaranya specializes in Online-to-Offline (O2O) commerce, focusing on convenience commerce via text in various sectors. The company offers a platform for seamless transactions without the need for app downloads, enabling purchases, bill payments, and customer interactions through text-based messaging and USSD banking apps. Ogaranya's services cater to enterprises, individuals, small businesses, emerging markets, and startups. It was founded in 2015 and is based in Nigeria.
Rex Africa operates as a neobank with a focus on providing digital financial services in the financial sector. The company offers a secure platform for individual financial management and banking solutions tailored to small businesses. The services cater to the needs of the digital economy, facilitating financial transactions and management for users and enterprises. It was formerly known as Savyt. It was founded in 2021 and is based in Lagos, Nigeria.
Interswitch is a company that operates in the electronic payment and digital commerce solutions sector. The company provides services including payment processing and transaction switching, as well as digital payment products for individuals, SMEs, and large corporations. Interswitch's solutions are used across different industries to facilitate transactions and business operations. It was founded in 2002 and is based in Lagos, Nigeria.
Owoafara operates as a financial technology company focusing on providing sustainable finance for small and medium enterprises (SMEs) and the green economy. The company offers all-inclusive financial services aimed at the unbanked and underbanked populations, as well as educational resources to empower Africans to take control of their financial future. It primarily serves sectors, including small businesses in emerging economies and individuals seeking financial inclusion. It was founded in 2019 and is based in Lekki, Nigeria.
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