Moniepoint Inc., Nigeria’s premier platform for small businesses and Africa’s all-in-one financial ecosystem, has released its 2025 Year in Review, celebrating a decade of transformative impact and “financial happiness” for millions of entrepreneurs.
The company highlighted its role as the backbone of Nigeria’s entrepreneurial economy, serving over 6 million active businesses. Moniepoint’s microfinance bank has now disbursed over ₦1 trillion in credit to thousands of businesses, including provision stores, supermarkets, and building materials sellers. On average, businesses accessing Moniepoint credit recorded growth exceeding 36%, demonstrating the platform’s effectiveness in driving financial inclusion.
By leveraging alternative data such as transaction histories, business patterns, and payment behaviors, Moniepoint accommodates what traditional credit scoring often misses, enabling more inclusive access to credit.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly TeamApt Inc.) has established itself as the leading financial platform for Nigeria’s SMEs, offering digital payments, business bank accounts, credit, foreign exchange (FX), and management tools.
In 2025, Moniepoint MFB, the banking and payments subsidiary, processed ₦412 trillion in transaction value across more than 14 billion transactions, cementing its position as Nigeria’s largest merchant acquirer and a key driver of the country’s economic growth toward a projected trillion-dollar economy by 2030.
“Our journey has been one of intentional evolution,” said Tosin Eniolorunda, Group CEO. “What started as a passion to solve overlooked problems has evolved into a platform powering the dreams of millions… As we enter our second decade, our resolve has never been stronger.”
Key highlights from 2025 include:
- Completion of a Series C funding round, raising over $200 million from top institutional investors including Google Africa Investment Fund, Visa, IFC, and Verod Capital.
- Launch of MonieWorld in the UK, expanding services to the African diaspora and strengthening remittance corridors.
- Re-launch of Moniepoint MFB savings product, with most users saving daily for business operations (24%), rent (16.5%), and education (10%).
- Expansion of regulated capabilities with the acquisition of a national Microfinance Bank license.
- TeamApt Ltd secured Mastercard and Visa processing licenses, enabling global card payment support and continental switching services.
- Monnify, the web payment gateway, processed ₦25 trillion, signaling strong B2B growth potential.
Moniepoint also extended its impact to social interventions, partnering with the Federal Government on the Rice Intervention Programme (benefiting nearly 850,000 people) and assisting the Kaduna State Government in disbursing grants to vulnerable citizens.
As Moniepoint enters its second decade, the company’s evolution from a backend technology provider to a household name aligns with Nigeria’s vision for a more inclusive, data-driven, and productive financial landscape.
For the full 2025 Year in Review Report, visit: http://2025.moniepoint.com
