Moniepoint, AfriGO To Launch 5m Contactless Cards In Nigeria
Moniepoint has joined forces with AfriGO, the national domestic card scheme, to introduce five million contactless payment cards across the country. This move is set to accelerate Nigeria’s transition toward a cashless economy by providing consumers and businesses with a seamless and secure way to make transactions using tap-to-pay technology. The initiative leverages Moniepoint’s extensive […]
Read MoreMoniepoint Secures Funding From Visa
Nigerian fintech giant Moniepoint Inc. has received fresh funding from Visa, a global leader in digital payments, just three months after its $110 million Series C raise. https://astudity.com/moniepoint-secures-110m-funding-to-boost-digital-payments-financial-inclusion/ While the investment amount remains undisclosed, Visa’s backing strengthens Moniepoint’s status as a unicorn and reinforces its vision to drive financial inclusion across Africa. Visa, in its […]
Read MoreMoniepoint Appoints Bayo Olujobi As Chief Financial Officer
Moniepoint Microfinance Bank has announced the appointment of Mr. Bayo Olujobi as its new Chief Financial Officer (CFO), a move that aligns with the bank’s commitment to broadening financial inclusion in Nigeria. Mr. Olujobi, a seasoned financial executive, transitions to Moniepoint from Stanbic IBTC Bank (a subsidiary of Standard Bank Group), where he served as […]
Read MoreMoniepoint Secures $110m Funding To Boost Digital Payments, Financial Inclusion
Moniepoint Inc. has secured $110 million in equity financing. The investment aims to empower millions of businesses and their customers across Africa and its diaspora, propelling the continent’s financial infrastructure to new heights. Founded in 2015 by Mr. Tosin Eniolorunda and Mr. Felix Ike, Moniepoint, formerly known as TeamApt, has built a formidable reputation in […]
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