…A loan facility of N1 trillion yen will be disbursed to small and medium-sized enterprises in 2025.
Moniepoint Inc., the definitive platform for Nigeria’s SMEs and Africa’s all-in-one financial ecosystem, has announced its 2025 retrospective, commemorating a decade of ‘economic well-being’ and a year of transformative growth.
Moniepoint founders Tosin Eniolorunda and Felix Ike
Highlighting its role as the backbone of Nigeria’s entrepreneurial economy with over 6 million active businesses, the company revealed that its microfinance bank currently lends more than N1 trillion to thousands of businesses, from grocery stores and supermarkets to building material distributors.
It is noteworthy that these companies grew on average by more than 36% after credit access. This points to its superiority as a means of deepening innovative levels of growth and shared prosperity.
Moniepoint uses alternative data points, including transaction history, business patterns, and payment behavior, to address what traditional credit scoring misses to promote financial inclusion and access to credit.
Kano traders banking with Moniepoint
The company’s performance in 2025 will strengthen its role as a critical financial infrastructure that not only supports the Nigerian economy, but also impacts everyday life and creates immense value.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint Inc (formerly TeamApt Inc) has established itself as the leading financial platform for Nigeria’s vast network of small and medium-sized enterprises (SMEs), offering an integrated suite of services including digital payments, business bank accounts, credit, foreign exchange (FX) and management tools.
As Nigeria’s largest merchant acquirer and responsible for 8 out of 10 face-to-face payments across Nigeria, its banking and payments subsidiary, Moniepoint MFB, processed more than 14 billion transactions and processed N412 trillion in transaction value in the same year.
This clearly suggests that Monypoint is well-positioned to play a larger role in Nigeria’s steady progress towards becoming a $1 trillion economy by 2030.
“Our journey has been one of intentional evolution,” said Tosin Anyorunda, Group CEO and Founder of Moniepoint Inc.
“What started as a passion to solve overlooked problems has evolved into a platform that makes dreams come true for millions of people.
“83% of Africa’s jobs are in the informal economy, so our mission to create economic well-being is an operational mission that guides product development, market expansion and capital allocation decisions,” he said.
Enirolunda continues with radiant enthusiasm:
“As we enter our next chapter, we are working with greater confidence in our strategy, deeper partnerships with world-class institutional investors, and an organization of the scale to unleash Africa’s entrepreneurial potential.
It’s built on the infrastructure we’ve built over the past decade. The journey is not over yet, but our resolve is stronger than ever.
“To our partners, customers and team, thank you for 10 years of impact. We are just getting started.”
In 2025, Moniepoint Inc. reached a series of key inflection points, highlighted by the successful completion of a Series C funding round. The round raised over $200 million in equity funding from leading institutional investors including Development Partners International, Google’s Africa Investment Fund, Visa, International Finance Corporation, and Verod Capital.
The year also marked the launch of MonieWorld in the UK, extending Moniepoint’s platform to serve the African diaspora by strengthening key remittance channels and laying the foundations for comprehensive cross-border financial services.
Moniepoint MFB has relaunched its savings products to firmly demonstrate its commitment to its mantra of providing financial well-being.
When it comes to savings behavior patterns, the data shows that the majority of users choose to save every day, with business operations (24%), rent (16.5%), and education (10%) being the top savings priorities.
The launch of Moniebook and the acquisition of Moniepoint MFB’s national microfinance banking license further expands the company’s regulated capabilities and product range.
TeamApt Ltd., the switching and processing subsidiary of Moniepoint Inc., also achieved major regulatory and operational milestones in 2025, solidifying its position in the global payments landscape. Following a rigorous certification process, the company successfully secured licenses from Mastercard and Visa to act as a processor and acquirer for these global card schemes.
This strategic move will enable TeamApt to directly support international card payments and provide these important switching services to other businesses across the continent.
Monnify, the web payment gateway, processed 25 trillion naira during the period under review, demonstrating remarkable resilience and industry confidence and positioning itself for more business-to-business transactions.
Monypoint’s impact extended beyond banking on critical social interventions, even as the company partnered with the Federal Government to support the Rice Intervention Program, reaching nearly 850,000 beneficiaries, and worked with the Kaduna State Government to help disburse subsidies to vulnerable populations.
Through these efforts, Moniepoint continues to build the infrastructure needed to unlock Africa’s entrepreneurial potential and positions itself as a trusted partner in delivering economic empowerment programs at scale.
As Moniepoint Inc. enters its 20th year, the decade-long evolution that has seen it grow from a back-end technology provider to a well-known and well-known company directly complements the Nigerian government’s vision of a more inclusive, data-driven and productive financial landscape.
Moniepoint Inc. is Africa’s all-in-one financial platform, helping 20 million businesses and individuals every month access seamless payments, banking, credit, cross-border and business management tools.
As Nigeria’s largest merchant acquirer, we power most point-of-sale (POS) transactions in Nigeria.
Moniepoint Inc., through its subsidiaries, processes over $250 billion in digital payment transactions annually.
The company is backed by some of the world’s leading institutional investors including Development Partners International (DPI), Visa, Google Africa Investment Fund, Verod Capital, Lightrock, QED Investors, Novastar Ventures, British International Investment (BII), FMO (Dutch Entrepreneurial Development Bank), Global Ventures and Endeavor Catalyst.
For more information on the 2025 Annual Report, please visit http://2025.moniepoint.com.
