Moniepoint Inc., a leading business payments and banking platform in Nigeria, has secured an investment from Visa to enhance financial inclusion and digital transformation for African SMEs. Since its founding in 2015, Moniepoint has become a key player in Nigeria’s fintech landscape, offering a wide range of services including digital payments, banking solutions, and credit access. With over 1 billion transactions processed monthly and a total payment volume surpassing $22 billion, the platform empowers businesses across Africa to embrace digital solutions.
This partnership aligns with Visa’s goal to support fintech innovation in Africa and foster economic growth by providing SMEs with the tools they need to thrive. Visa’s investment highlights the company’s commitment to advancing digital payment infrastructure and expanding access to financial services across the continent.
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