Moniepoint Raises $200M Series C

Moniepoint, a London-based financial technology platform with significant operations in Nigeria, has successfully closed an over $200 million Series C funding round to accelerate its financial inclusion initiatives across Africa and international markets. The company provides a comprehensive suite of digital banking, payment, and business management tools for merchants and individuals.

Investors

The funding round was led by Development Partners International (DPI) through its African Development (ADP) III fund. Additional participating investors include LeapFrog Investments, Lightrock, Alder Tree Investments, Google’s Africa Investment Fund, Visa, the International Finance Corporation (IFC), Proparco, Swedfund, and Verod Capital Management.

Moniepoint Use of Funds

Moniepoint intends to use the capital to drive the next phase of its growth, specifically focusing on expanding its digital financial services across the African continent and entering new international markets. The funding will also support the development of new product offerings and enhance the company's capacity to serve micro, small, and medium-sized enterprises (MSMEs).

About Moniepoint

Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint serves as an all-in-one financial platform for businesses and their customers. Originally launched to build payment infrastructure for banks, the company has grown into a leading digital banking provider for MSMEs, offering services such as digital payments, bookkeeping solutions, and credit access.

Funding Details

Company Website: https://moniepoint.com

Company: Moniepoint
Raised: US$200M
Round: Series C
Funding Date: October 21, 2025
Lead Investor: Development Partners International
Additional Investors: LeapFrog Investments, Lightrock, Alder Tree Investments, Google’s Africa Investment Fund, Visa, International Finance Corporation, Proparco, Swedfund, Verod Capital Management
Company Website: https://moniepoint.com
Software Category: Fintech
Source: https://moniepoint.com/blog/moniepoint-announces-successful-completion-of-usdollar200-million-series-c-round-to-power-financial-inclusion