Financial Infrastructure
Moniepoint
A Nigerian fintech unicorn focused on business banking for micro, small, and medium enterprises rather than the consumer-payments focus common among African fintechs, reaching unicorn status via a $110 million Series C round backed by Development Partners International and Google's Africa Investment Fund. Moniepoint's transaction volume across its subsidiaries has nearly tripled since its last public disclosure, rising from 5.2 billion to over 14 billion transactions, part of a wave that has made Nigeria home to five fintech unicorns as of 2026.
Sources
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Evidence
1 source · 56% avg. source confidence
- Bloomberg — Moniepoint reaches unicorn status with $110M Series C56% source confidence
Dependency Map
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The Story So Far
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
Moniepoint's Timeline
A sourced, dated history of Moniepoint's key moments — founding to present.
Oct 2024 · Reaches unicorn status
Moniepoint reached unicorn status with a valuation over $1 billion after a $110 million Series C round backed by Development Partners International and Google's Africa Investment Fund.
Jan 2026 · Transaction volume nearly triples
Moniepoint's transaction volume across its subsidiaries rose from 5.2 billion to over 14 billion, reflecting rapid growth in its MSME business-banking niche.