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.
African fintech Moniepoint gets Visa backing, plans to work on contactless payments
Visa invests over $10 million in Moniepoint. Moniepoint's Series C funding exceeds $120 million.
Foreign investors stage comeback to Nigeria, seeking high yields over interest rates
Foreign investors are showing interest in Open Market Operations (OMO) and treasury bills auctions. Foreign Portfolio Investments on the NGX in February 2024 rose by 23% compared to January 2024.
