About Us

Moniepoint is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 1,500,000+ businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

Moniepoint Inc. (formerly TeamApt Inc.) was founded with the vision to create a society where everyone experiences financial happiness. We are the parent company of TeamApt Limited, a Central Bank of Nigeria(CBN) licensed Switch and Processor, and Moniepoint Microfinance Bank, a CBN-licensed Microfinance Bank.

Today, we are Nigeria's largest business payments platform, recognised by the Central Bank of Nigeria as the most inclusive payment platform in the country, and we process $170 billion in annual run-rate transaction value.

We are a fully remote tech company with a diverse workforce worldwide and are headquartered in London, with offices in the US, Nairobi and Lagos.

Our Journey

2015

Our initial approach to delivering financial happiness was creating financial solutions aimed at optimising the operations of partner banks and financial institutions. These solutions were deployed to 95% of Nigerian banks and improved the service experience for over 10 million of their customers.

Beginnings

2019

We decided to take a more direct approach to achieve our mission. Using our industry experience, technical depth and customer-first approach, we started providing business-facing products to merchants. We offered financial solutions to merchants selling cash (agents) through our products - Moniepoint and Monnify.

The Pivot

2020

With Moniepoint, we built Nigeria’s strongest distribution network for financial services. We became the leading agency banking solution in Nigeria, processing up to $7 billion monthly in over 120,000,000 transactions each month. We also offered solutions to merchants selling goods and services who needed to receive payments online through our product- Monnify, processing over $22 million daily in 500,000 transactions.

Growth

2022

We expanded to focus on the growth of all types of small businesses, ensuring they had access to the financial growth engines necessary to accelerate their success. We received a banking licence and began offering banking services to businesses across the country.

Expansion

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