Moniepoint processed ₦412tn in payments in 2025; disbursed ₦1tn SME credit
Moniepoint says it disbursed over ₦1 trillion in credit to Nigerian businesses in 2025, processed ₦412 trillion in transaction value, and now powers 8 out of every 10 in-person POS payments across the country.
The figures were disclosed in the company’s 2025 Year in Review report, released to mark its tenth year of operations.
According to Moniepoint, the credit was extended through its microfinance banking subsidiary to businesses ranging from provision stores and supermarkets to building materials sellers.
Moniepoint
“It is worthy to note that on average these businesses experienced growth by more than 36% after accessing credit,” the company said, adding that it relies on alternative data points such as transaction histories, business patterns, and payment behaviours to assess creditworthiness.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint Inc. (formerly TeamApt Inc.) operates an integrated financial platform offering digital payments, business accounts, credit, foreign exchange, and management tools to small and medium-sized businesses.
As Nigeria’s largest merchant acquirer, Moniepoint’s banking and payments subsidiary processed more than 14 billion transactions in 2025, handling a total transaction value of ₦412 trillion. The company claims it now powers “8 out of every 10 in-person payments made across the country.”
“This clearly suggests that Moniepoint is well-positioned to play a greater role in Nigeria’s steady march towards a trillion-dollar economy by 2030,” the company said in the report.
Commenting on the milestone, Tosin Eniolorunda, Group CEO and Founder of Moniepoint Inc., said: “Our journey has been one of intentional evolution. What started as a passion to solve overlooked problems has evolved into a platform powering the dreams of millions.”
“As 83% of employment in Africa exists in the informal economy, our mission to create financial happiness is an operational mandate that guides our product development, our market expansion, and our capital allocation decisions,” Eniolorunda added.
In 2025, Moniepoint completed a Series C funding round, raising over $200 million in equity financing from investors including Development Partners International, Google’s Africa Investment Fund, Visa, the International Finance Corporation, and Verod Capital.
The year also marked the launch of MonieWorld in the United Kingdom, which the company said is aimed at serving the African diaspora by strengthening remittance corridors and laying the foundation for cross-border financial services.
Tosin Eniolorunda and Felix Ike, Moniepoint’s co-founders
Read also: 2 out of 3 in-person payments in Onitsha processed with Moniepoint PoS – Report
Moniepoint also re-launched its savings product in 2025. According to the company, most users save daily, with top savings priorities including business operations (24%), rent (16.5%), and education (10%).
The launch of Moniebook and the acquisition of a national microfinance bank licence further expanded the company’s regulated product offerings.
Separately, TeamApt Ltd, Moniepoint’s switching and processing subsidiary, secured licences from Mastercard and Visa to act as a processor and acquirer for the global card schemes after completing their certification processes.
The company said this enables it to support international card payments directly and offer switching services to other businesses across Africa.
Monnify, Moniepoint’s web payment gateway, processed ₦25 trillion during the year under review, according to the report.
Beyond financial services, the company said it partnered with the Federal Government on the Rice Intervention Programme, reaching nearly 850,000 beneficiaries, and worked with the Kaduna State Government on grants disbursement to vulnerable citizens.
“Yet for all we have accomplished, we approach our second decade with the clarity that our work remains unfinished,” Eniolorunda said. “The journey is far from over, but our resolve has never been stronger.”
The post Moniepoint processed ₦412tn in payments in 2025; disbursed ₦1tn SME credit first appeared on Technext.
You May Also Like
Will Huge $8.3B Bitcoin Options Expiry Trigger Another Dump?
Why Staffing Agencies Need Hot Desk Booking Software to Scale Smarter
