# Moniepoint

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moniepoint

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.moniepoint.com
- Total disclosed funding: $206M
- Latest round: Series C (Oct 21, 2025)
- Investors on record: 20

## About

Moniepoint Inc. is a London-based financial technology company offering a range of payment and banking solutions tailored for businesses and individuals in emerging markets, with a strong focus on Nigeria. Moniepoint Inc. was founded in 2015 in London, UK, providing essential financial services including payment processing and banking solutions. In October 2025, Moniepoint Inc. raised USD 90 million in series C funding led by new investor Development Partners International, with participation from other new investors LeapFrog Investments, International Finance Corporation, Alder Tree Investments, Proparco, and Swedfund. Returning investors Visa Inc., Google for Startups, Lightrock, Verod, and other unspecified investors also participated in the round. The company has consistently evolved its operations to meet the growing demands of the African market.Moniepoint Inc. offers a comprehensive suite of financial solutions designed to empower businesses and individuals in emerging markets, primarily focusing on seamless payments, banking, credit, and business management tools. Their core product offerings include business and personal banking accounts, individual and business loans, and an integrated payment processing platform that supports merchants in accepting payments from various channels. This all-in-one financial ecosystem caters to a diverse clientele, with over 10 million business and individual accounts actively utilizing their services. Targeted markets include Nigeria, where Moniepoint operates as the largest merchant acquirer, facilitating a significant volume of Point of Sale (POS) transactions. Additionally, the company aims to democratize payment acceptance across Africa, providing merchants with essential operational tools and financial resources to foster growth and sustainability.Moniepoint's revenue model is predominantly driven by transaction processing fees, subscription services, and interest income from loans. The company processes a substantial amount of funds monthly, totaling USD 17 bn, which underscores the scale of transactions facilitated through its platform. Businesses utilizing Moniepoint's services engage in payments for goods and services, leveraging their payment solutions to streamline operations. For instance, merchants may incur fees for each transaction processed through the platform, while businesses accessing loans are subject to interest payments based on their borrowing agreements. The company's diverse product offerings, such as expense management tools and capital loans, enhance its revenue streams by providing value-added services that support both B2B and direct-to-consumer interactions. The company plans to utilize the October 2025 funding to grow its operations in Nigeria and to enter new markets in Kenya and the UK.

## Funding rounds

- Series C, Oct 21, 2025, $90M — International Finance Corporation, Proparco, Swedfund, Development Partners International, LeapFrog Investments, Visa Inc., Verod, Lightrock, Google for Startups, Alder Tree Investments
- Series C, Oct 29, 2024, $110M — Google Holdings, Development Partners International, Verod, Lightrock
- Series B, Jul 1, 2021 — British International Investment, Novastar Ventures, FMO, Endeavor Catalyst, Soma Capital Management, Global Ventures, Oui Capital, Kepple Africa Ventures
- Series A, Feb 28, 2019, $5.5M — Quantum Capital Partners

## Investors

- Quantum Capital Partners — Series A
- British International Investment — Series B
- Novastar Ventures (https://capitalatlas.ai/funds/novastar-ventures) — Series B
- FMO — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Series B
- Global Ventures (https://capitalatlas.ai/funds/global-ventures) — Series B
- Oui Capital (https://capitalatlas.ai/funds/oui-capital) — Series B
- Kepple Africa Ventures (https://capitalatlas.ai/funds/kepple-africa-ventures) — Series B
- Google Holdings — Series C
- Development Partners International (https://capitalatlas.ai/funds/development-partners-international) — Series C
- Verod (https://capitalatlas.ai/funds/verod) — Series C
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series C
- International Finance Corporation — Series C
- Proparco (https://capitalatlas.ai/funds/proparco) — Series C
- Swedfund — Series C
- LeapFrog Investments (https://capitalatlas.ai/funds/leapfrog-investments) — Series C
- Visa Inc. — Series C
- Google for Startups (https://capitalatlas.ai/funds/google-for-startups) — Series C
- Alder Tree Investments — Series C