Moniepoint Inc., Nigeria’s main fintech firm, has raised a further $90 million in recent funding to deliver its complete fund raised in 2025 to $200 million.
The brand new capital comes from a mixture of private-equity and strategic buyers, together with Visa Inc., Improvement Companions Worldwide LLP, LeapFrog Investments, and Google’s Africa Funding Fund.
The increase cements Moniepoint’s place amongst Africa’s highest-valued financial-technology firms and alerts renewed international confidence within the continent’s digital-finance market.
Strengthening Market Management
Based in 2015 by Tosin Eniolorunda, Moniepoint has advanced from a neighborhood funds platform into one in all Nigeria’s most important fintech operators, offering digital-banking, funds, and remittance companies to thousands and thousands of retailers and people.
The corporate processes greater than $250 billion in annual transactions, underscoring the size of its community and infrastructure in Nigeria’s fast-growing digital financial system.
With the brand new funding, Moniepoint plans to bolster its home footprint whereas increasing operations into Kenya and the UK—two markets recognized as key to its long-term diversification and worldwide development technique.
The corporate goals to deploy the funds to reinforce compliance techniques, scale merchant-acquiring capabilities, and strengthen cross-border funds connectivity throughout Africa.
Investor Confidence in African Fintech
The participation of Visa, LeapFrog, and Google’s funding arm highlights the rising curiosity of world firms in African financial-inclusion ventures.
Worldwide buyers have steadily elevated publicity to African expertise firms in 2025 as regional markets rebound from two years of constrained enterprise flows.
Analysts be aware that Moniepoint’s capability to lift capital amid tightening international liquidity circumstances demonstrates each its profitability and operational maturity.
The corporate’s valuation now exceeds $1 billion, reflecting investor expectations for sustained development in Africa’s digital-payments infrastructure.
Nigeria’s Increasing Fintech Ecosystem
Nigeria stays the epicentre of Africa’s fintech revolution, internet hosting established gamers reminiscent of Flutterwave, Interswitch, and Opay. Moniepoint’s newest increase provides additional momentum to a sector that continues to draw file capital inflows regardless of regulatory headwinds.
Based on information from Africa: The Massive Deal, startups throughout the continent have already secured over $2.2 billion in funding this yr—surpassing totals recorded in each 2024 and 2023.
The surge has been pushed by fintech and mobility ventures, with elevated merger-and-acquisition exercise as corporations consolidate to achieve scale and regulatory leverage.
Strategic Enlargement Outlook
Moniepoint’s deliberate entry into the UK alerts a brand new section for African fintechs in search of to combine with international cost techniques.
The agency intends to leverage its Nigerian market expertise—the place it constructed one of the vital in depth agent-banking networks—to serve diaspora remittance channels and cross-border service provider funds.
By concentrating on a number of African markets alongside the UK, Moniepoint goals to place itself as a pan-African financial-technology chief able to bridging home and worldwide cost ecosystems.
Business Implications
The profitable increase reaffirms Africa’s place as a strategic development frontier for international cost networks and affect buyers. As extra customers and small companies embrace digital finance, established fintechs like Moniepoint are anticipated to drive deeper inclusion, improve transaction transparency, and help the continent’s evolving regulatory frameworks.
For buyers, the deal underscores renewed conviction in Africa’s financial-infrastructure thesis—a sector forecast to develop in double digits by way of 2030 as cell adoption and digital-payment volumes speed up.
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