Nigeria’s fintech leader, Moniepoint Inc, raised $200 million to expand across Africa and empower businesses.
Moreover, DPI’s ADP III fund led the round, with LeapFrog Investments joining the effort.
Additionally, Visa, Google Africa Investment Fund, IFC, Proparco, Swedfund, and Verod Capital also backed the round.
Moniepoint Inc
Founded in 2015 as TeamApt, Moniepoint grew into a full-service fintech serving over 10 million customers.
As a result, the platform processes more than $250 billion in digital transactions annually, achieving unicorn-scale profitability.
CEO Tosin Eniolorunda said the funding will accelerate growth and help Africans realise financial dreams.
Recently, Moniepoint launched MonieWorld, a UK-focused remittance platform, and introduced an integrated MSME payment solution.
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Impact On MSMEs
DPI partner Adefolarin Ogunsanya praised Moniepoint’s innovation, growth, and strong impact on financial inclusion.
Meanwhile, LeapFrog’s Karima Ola highlighted how Moniepoint actively empowers MSMEs across Africa’s economies.
IFC noted that Moniepoint enables MSMEs to access loans, bookkeeping, and point-of-service devices efficiently.
Consequently, the funding marks one of Africa’s largest fintech rounds in 2025, boosting investor confidence.
Moniepoint now aims to expand into new markets while helping entrepreneurs thrive in the digital economy.
