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About us

Powering dreams across Nigeria

Processed monthly

$17 Billion

Processed monthly

Bank accounts

10M+

Bank accounts

Local governments served

774

Local governments served

In year 2023

$182B

In year 2023

Who we are

Moniepoint Microfinance Bank is the definitive bank for small and medium-sized businesses in Nigeria and is regulated by the Central Bank of Nigeria (CBN). Moniepoint MFB was also awarded by the CBN in 2022 as the most inclusive payment platform in the country.

Moniepoint MFB received its license in February 2022 and helps over 10 million people and businesses with banking, payments processing, access to loans and business management tools. With these solutions, businesses on the moniepoint platform process about $17 billion monthly.

Moniepoint MFB operates the largest distribution network for financial services in Nigeria, and over 33 million people use their cards on our POS terminals monthly across every local government in Nigeria.

Moniepoint provides over 10 million people and businesses across Nigeria with access to banking, payments processing, loans and business management tools.

We’re headquartered in Lagos, with support offices in 33 states and thousands of business relationship managers directly assigned to each business owner. This demonstrates our commitment to ensuring that businesses on the Moniepoint platform get access to all the help they need to grow their business.

In August 2023, we launched our Personal banking product to further support the businesses that use our products, by banking their customers and employees. Through this product, individual users can get reliable cards, as well as bank accounts for transfers and bill payments.

Awesome people building for people

Moniepoint Microfinance Bank is run by a team of veteran bankers and technologists working to provide the most seamless and secure experience for everyone using our platform.

Inside the news

  • Moniepoint taps Stanbic IBTC CFO for its microfinance bank after $110 million raise

  • Google among investors putting $110 million into Nigeria's Moniepoint

  • Nigeria-based fintech Moniepoint gains ‘unicorn’ status