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Recently Funded|Amount: USD 110.0M|Industry: Financial Services

Moniepoint Group Secures $110M in Funding to Revolutionize Digital Payment Solutions Worldwide

Moniepoint Group

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1,001-5,000 employees employees (Est.)
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Moniepoint Inc., a pioneering financial technology company committed to transforming digital payments for businesses worldwide, is thrilled to announce a remarkable funding milestone of $110 million. This significant capital infusion will enhance our efforts in making digital payment solutions more accessible to businesses in emerging markets, particularly through our Nigerian subsidiary, which has garnered accolades such as the National Inclusive Payment Initiative Award from the Central Bank of Nigeria. With over 1.8 million businesses relying on our advanced payment processing capabilities—accounting for an impressive $12 billion in monthly transactions—this funding will empower us to expand our digital payment acceptance channels and enrich the suite of business management tools we offer. Recognized as one of the top global fintech companies by CB Insights in 2022, Moniepoint Inc. is more than just a payment processor; we're a catalyst for business growth. Our operations span not only the UK and Nigeria but also the US and Nairobi, and we pride ourselves on being a fully remote tech company with a diverse workforce committed to innovation. The backing of premier venture capital funds, including QED and British International Investment, highlights the confidence in our mission and vision. We invite you to join us as a #DreamMaker, helping fuel the aspirations of businesses worldwide by leveraging technology to simplify and enhance the payment experience for all. This funding marks a significant step toward a future where every business can seamlessly thrive in the digital economy.
October 29, 2024

Buying Signals & Intent

Our AI suggests Moniepoint Group may be interested in solutions related to:

  • Digital Payment Solutions
  • Business Loans
  • Financial Management Tools
  • Investment Opportunities
  • Infrastructure Development

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