Series C Round

Moniepoint is Africa's all-in-one financial ecosystem, providing seamless payments, banking, credit, and cross-border payment solutions for businesses and individuals. The company aims to empower financial dreams in emerging markets, particularly in Nigeria. This funding round will enable Moniepoint to scale its digital payments and banking solutions across the continent, enhancing its service offerings and expanding its market reach. The investment will also support the development of new products and services tailored to the needs of African consumers and businesses. Moniepoint, formerly known as TeamApt, has established itself as one of Africa's fastest-growing fintech companies. The Series C funding round was led by Development Partners International's African Development Partners (ADP) III fund, with participation from notable investors such as Google's Africa Investment Fund and Verod Capital.