Moniepoint (Series C)

Funding Details
Awarder
RSS - techcrunch.com
Date Award
October 01, 2024
Vertical
Fintech
Funding URL
View Funding Page
Premoney Valuation
$12,500,000
Valuation
$1,000,000,000

Company Info
Founding Year
2019
Traction
Moniepoint has successfully transitioned from a software provider to a leading business banking platform in Nigeria, demonstrating significant growth and market presence.
Founders
Tosin Eniolorunda, Olu Oyinsan, Francesco Andreoli
Company Description
Moniepoint, previously known as TeamApt, is a business banking and payments platform that has become Nigeria’s largest merchant acquirer. The company initially built financial products and software for itself and banks before pivoting to its current model.
Market
Business Banking
Location
Nigeria
Coinvestors
Development Partners International

Links
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