Visa makes strategic investment in Nigerian fintech Moniepoint
$110 million Series C funding round announced by Moniepoint. Visa's strategic investment in Moniepoint reportedly exceeds $10 million.
Nigerian Fintech Moniepoint Receives Strategic Investment from Visa
Visa invests over $10 million in Moniepoint, raising Series C funding to exceed $120 million. Moniepoint processes over 1 billion transactions monthly with payment volumes reaching $22 billion.
Moniepoint taps Stanbic IBTC CFO as MFB leader, possibly signalling commercial bank ambitions
Moniepoint hires ex-Stanbic IBTC CFO Bayo Olujobi as CFO of its microfinance bank. Moniepoint recently attained unicorn status with a valuation of over $1 billion.
DPI, a British private equity firm, spearheads a $110 million Series C investment in Moniepoint
$110 million investment in Moniepoint by Development Partners International. Moniepoint achieves unicorn status.
Nigeria Fintech Moniepoint Raises $110 Million In Series C Round
Moniepoint closed its Series C funding round raising $110 million. The funding round was led by Development Partners International’s ADP III fund.
