Moniepoint
Moniepoint is a financial technology company providing an all-in-one payments, banking, and business management platform for African businesses and individuals.
- Founded
- 2015
- Headquarters
- Lagos, Nigeria
- Employees
- 5,444
- Sector
- Financial Technology
About Moniepoint
Moniepoint, formerly known as TeamApt, operates as a comprehensive financial ecosystem for emerging markets. The company provides a full-stack platform that integrates payment processing, business and personal banking, and operational tools. Its infrastructure supports millions of users, ranging from small merchants to large enterprises, by enabling instant transactions and simplified financial management.
The institution has achieved significant scale in the West African market, processing billions in monthly transaction volume. Through its subsidiary Moniepoint Microfinance Bank, the company has expanded into credit services, disbursing over 1 trillion Naira to empower small businesses. It was recognized by the Financial Times as Africa's second-fastest growing company in 2023.
What they do
The company provides digital payment infrastructure, business banking accounts, and point-of-sale terminals to help merchants accept payments and manage operations. It also offers credit facilities, expense cards, and accounting tools to assist businesses in financing inventory and managing cash flow.
Highlights
- Reached unicorn status in 2024 with a valuation exceeding $1 billion.
- Processes approximately $17 billion in monthly Total Payment Volume (TPV).
- Handles 26 million daily payments and 200 million API calls per minute.
- Acquired Orda Africa to expand specialized solutions for the food service industry.
- Upgraded its microfinance banking license to national status in Nigeria in 2026.
- Supports over 20 million business and individual accounts across its platform.
Talent and hiring
The company hires for various roles including software engineering, legal, customer support, and finance. It runs dedicated talent initiatives such as the DreamDev Bootcamp and Women in Tech internship campaigns.
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