Moniepoint Inc has marked its tenth anniversary with the release of its 2025 Year in Review, outlining a decade of rapid growth, expanding financial access and large-scale support for Nigeria’s small business economy. The company disclosed that its microfinance banking arm has now disbursed more than ₦1 trillion in credit to businesses across the country.
Founded in 2015, Moniepoint has grown into one of Nigeria’s most critical financial platforms, serving over six million active businesses ranging from neighbourhood retailers to building materials traders. The firm said access to its credit products has helped beneficiary businesses record average growth of over 36 per cent, highlighting the role of alternative lending in strengthening the informal and SME sectors.
Brandspur Banking News Desk reports that Moniepoint’s lending model relies on transaction data, payment behaviour and business performance metrics rather than traditional credit scoring, enabling thousands of previously excluded entrepreneurs to access funding. This approach, the company said, has accelerated financial inclusion while supporting shared economic growth.
During 2025, Moniepoint MFB reinforced its dominance in Nigeria’s payment ecosystem, processing ₦412 trillion in transaction value across more than 14 billion transactions. The company currently powers about eight in every ten in-person payments nationwide, positioning it as a key enabler of Nigeria’s push towards a trillion-dollar economy by 2030.
Group Chief Executive Officer and co-founder, Tosin Eniolorunda, said the company’s journey reflects a deliberate focus on solving problems faced by small businesses. He noted that with over 80 per cent of employment in Africa coming from the informal economy, Moniepoint’s mission of delivering “financial happiness” remains central to its operations and expansion plans.
In 2025, the company also secured over $200 million in Series C funding from global investors including Development Partners International, Google’s Africa Investment Fund, Visa, IFC and Verod Capital. It expanded internationally with the launch of MonieWorld in the United Kingdom, targeting remittance services for the African diaspora and cross-border financial solutions.
Additional milestones included the relaunch of its savings product, the introduction of Moniebook, and the acquisition of a national microfinance banking licence. Its switching subsidiary, TeamApt, obtained Mastercard and Visa processing licences, while Monnify processed ₦25 trillion in web-based transactions.
Beyond commercial operations, Moniepoint partnered with federal and state governments on social intervention programmes, reaching hundreds of thousands of beneficiaries. As the company enters its second decade, it says its focus remains on building resilient financial infrastructure to support Africa’s growing entrepreneurial economy.
