Moniepoint Inc. has released its official 2025 Year in Review report, marking a decade of operations with massive growth in transaction volume and credit disbursement.
According to reports, the fintech company now handles the vast majority of in-person digital payments in Nigeria, processing 14 billion transactions over the past year.
The company processed ₦412 trillion (approximately $250+ billion) in total transaction value across 14 billion individual transactions in 2025.
The firm disbursed ₦1 trillion in credit to Nigerian businesses,and also reported that recipients saw an average growth rate of 36% after accessing these funds.
Moniepoint now facilitates 80% of all in-person Point of Sale (POS) payments across Nigeria.
Founded in 2015 as TeamApt by Tosin Eniolorunda and Felix Ike, Moniepoint originally focused on providing infrastructure for banks. It has since evolved into a comprehensive financial services provider for small and medium-sized enterprises (SMEs) and individual consumers.
“Our journey has been one of intentional evolution. 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” – Tosin Eniolorunda, Group CEO of Moniepoint Inc.
In 2025, the company secured a Series C funding round exceeding $200 million, backed by investors including Google’s Africa Investment Fund, Visa, and the International Finance Corporation. This capital has fueled its expansion beyond Nigeria, including the launch of MonieWorld in the United Kingdom to facilitate diaspora remittances.
Moniepoint attributes its success to the use of alternative data points, such as payment behaviors and transaction histories, to provide credit to the informal sector where traditional collateral is often unavailable.
