₦airaland Forum

Tecno66:
I have a feeling that his approach to football is now outdated and he may not succeed at Real. That's just my fear. I may be wrong anyway. The youthfulness of the Barca team will dominate laliga and Europe for many years.

Naijaisours:
Why do you say things you know nothing about? Monepoint gives out loan to business owners who are on their platform and meet the criteria. Watch this video to learn more -
https://www.youtube.com/watch?v=VPMcbBKTu-o Here's a link - https://moniepoint.com/ng/business/working-capital-loans

Naijaisours:
Moniepoint celebrates a decade of impact, Microfinance Bank disburses over ₦1 Trillion in credit to empower small businesses in 2025

Moniepoint Inc., Nigeria's definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review, marking a decade of "financial happiness" and a transformative year of growth. Highlighting its role as the backbone of Nigeria's entrepreneurial economy with over 6 million active businesses, the company revealed that its microfinance bank has now disbursed over ₦1 trillion in credit to thousands of businesses from provision stores and supermarkets to building materials sellers.

It is worthy to note that on average these businesses experienced growth by more than 36% after accessing credit, signposting its primacy as a transformational growth level and instrument of deepening shared prosperity. Moniepoint uses alternative data points that include transaction histories, business patterns and payment behaviours in a bid to accommodate what traditional credit scoring misses to drive financial inclusion and access to credit. The company’s 2025 performance reinforces its role as a critical financial infrastructure which not only supports the Nigerian economy, but also impacts everyday lives, creating immense value.

Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint Inc (formerly known as TeamApt Inc) has established itself as the leading financial platform for Nigeria’s vast network of small and medium-sized businesses (SMEs), offering an integrated suite of services, including digital payments, business bank accounts, credit, foreign exchange (FX), and management tools.

During the year, as Nigeria’s largest merchant acquirer, now powering 8 out of every 10 in-person payments made across the country, Moniepoint MFB, the banking and payments subsidiary, processed ₦412 trillion in transaction value handling more than 14 billion transactions. This clearly suggests that Moniepoint is well-positioned to play a greater role in Nigeria’s steady march towards a trillion dollar economy by 2030.

"Our journey has been one of intentional evolution," said Tosin Eniolorunda, Group CEO and Founder of Moniepoint Inc. "What started as a passion to solve overlooked problems has evolved into a platform powering the dreams of millions. As 83% of employment in Africa exists in the informal economy, our mission to create financial happiness is an operational mandate that guides our product development, our market expansion, and our capital allocation decisions."

Beaming with enthusiasm, Eniolorunda continues, “Yet for all we have accomplished, we approach our second decade with the clarity that our work remains unfinished. As we enter this next chapter, we do so with strengthened conviction in our strategy, deepened partnerships with world-class institutional investors, and an organisation scaled to deliver on Africa's entrepreneurial potential. The infrastructure we have built over the past decade provides the foundation. The journey is far from over, but our resolve has never been stronger. To our partners, our customers, and our team: thank you for a decade of impact. We are just getting started.”

In 2025, Moniepoint Inc. reached a series of critical inflexion points, highlighted by the successful completion of its Series C funding round, which raised over $200 million in equity financing from leading institutional investors, including Development Partners International, Google’s Africa Investment Fund, Visa, the International Finance Corporation, and Verod Capital. The year also marked the launch of MonieWorld in the United Kingdom, extending Moniepoint’s platform to serve the African diaspora by strengthening key remittance corridors and laying the foundation for the delivery of comprehensive cross-border financial services.

Moniepoint MFB re-launched its savings product in a firm demonstration of the company's commitment toward its’ oft stated mantra of providing financial happiness. Data reveals in terms of savings behavioral patterns, the majority of users choose to save on a daily basis, with focus across business operations (24%), rent (16.5%), and education (10%) representing top savings priorities. The launch of Moniebook and the acquisition of a national Microfinance Bank license for Moniepoint MFB further expand the company's regulated capabilities and product depth.

TeamApt Ltd, the switching and processing subsidiary of Moniepoint Inc., also achieved major regulatory and operational milestones in 2025 that have solidified its position in the global payments landscape. After 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 allows TeamApt to support international card payments directly and offer these critical switching services to other businesses across the continent. Monnify, the web payment gateway processed N25 trillion in the period under review, demonstrating remarkable resilience and industry confidence firmly positioning it for more business-to-business transactions.

Moniepoint’s impact extended beyond banking into critical social interventions even as the company partnered with the Federal Government to support the Rice Intervention Programme, reaching nearly 850,000 beneficiaries, and worked with the Kaduna State Government in grants disbursement to vulnerable citizens. Through these initiatives, Moniepoint continues to build the infrastructure required to unlock Africa’s entrepreneurial potential, positioning itself as a trusted partner for the delivery of large-scale economic empowerment programmes.

As Moniepoint Inc. enters its second decade, its well chronicled decade-long evolution from a backend technology provider to a household name, directly complements the Nigerian government's vision of a more inclusive, data-driven, and productive financial landscape. To read more about the 2025 Year in Review Report:, visit http://2025.moniepoint.com



—-----ENDS—----



About Moniepoint

Moniepoint Inc. is Africa’s all-in-one financial platform, helping 20 million businesses and individuals access seamless payments, banking, credit, cross border, and business management tools each month. As Nigeria’s largest merchant acquirer, it powers most of the country’s Point of Sale (POS) transactions. Through its subsidiaries, Moniepoint Inc. processes over $250 billion in digital payments transaction value annually.

The company is backed by world-leading institutional investors including Development Partners International (DPI), Visa, Google’s Africa Investment Fund, Verod Capital, Lightrock, QED Investors, Novastar Ventures, British International Investment (BII), FMO (the Dutch entrepreneurial development bank), Global Ventures and Endeavor Catalyst.


Further information

press@moniepoint.com

ppogba:
May you be cured of your childish ignorance this year. Isee!

Samantha125:
I'd store the food in the fridge and eat them later on, and since he wouldn't want my food, I'd start cooking only for me and the children while occasionally taking them to eat out...

Liballo:
Wow! Insane! Na una gangan be the real OG for this site.

ekhai:
ABUJA IS THE FEDERAL CAPITAL OF NIGERIA. ARE THE INDIGENES NOT STILL LAYING CLAIM TO THE LAND? IS LAGOS DIFFERENT?

Liballo:
Your comment! 🔥 I think what you’re trying to say is related to grounding. And the benefits of grounding is numerous.

Btw, you’ve been on here since 2008, with just 134 posts? Wow.

jaxxy:
women don't usually keep lions as pets it's usually men.

iwaeda:
Alaba Rago after Orile towards FESTAC is a notorious place, how various government closed eyes to allowed it to degenate to that level. Anyways my path doesn't cross that area for now.

chopnaira:
High oil prices actually.

happney65:
You think Obasanjo is a tribalist like the current ones in power? Absolutely NO. OBJ doesn't care where the hell you are from as long as you can do the Job. Go Ahead.

And that is why since 1999,He had the best economic indices. These ones now blaming themselves didn't even have it worst as we did in 1999.
I keep on wondering what they would have said if they were the ones that took over in 99. They would have simply sold us off to China or somewhere else

Awọn Oluya

P.S
The Obasanjo years were even a period of very low oil prices. Yet,he still increased minimum wage that had been stagnant for years. This post deserves FP.
Mods over to you

Softmirror:
Palaba is pidgin English.

phosky:
“I Almost Died Watching It!” – VeryDarkMan Slams Naira Marley for Forgiving Iyabo Ojo Over Mohbad Saga


https://eyesoflagos.com/verydarkman-blasts-naira-marley-for-forgiving-iyabo-ojo-over-mohbads-death-case/

Angelfrost:
Onanuga, think about it...! You do have a brain.

In a nation where hard working and dedicated civil servants, teachers, and other members of the labor force earn minimum wage peanuts, what or how exactly do you expect them to feel about their President doling out millions of Naira to footballers?!!


A nation where basics like Electricity, Potable water, and Security, not even mentioning good roads, are daydreams, do you expect citizens to jump for joy at such outlandish displays of monetary gifts?!!


How much did you give to individuals and families that suffered losses to flood and terrorist attacks?!!


Just recently, soldiers complained online about the meagre earnings and meals they receive... we all know their allowances are nothing to write home about.




By dashing Falcons money that is way higher than their Cup prize money, what exactly are you trying to prove?!! What message do you think suffering Nigerians will glean from that ostentatious gesture?!!




Make una dey think before rushing to defend and make posts.


That was how Buhari was dashing Billions as donations to Niger and other nations in conflict, while IDP camps suffered hunger and malnutrition.


Omo!!! Nigerian leaders and their supporters might have serious M£ntal Health Issues.