Fundz

Nigerian fintech Moniepoint has closed a $200M funding round, boosted by investors like Visa and Google Africa, to expand its services across Africa.

Oct 21, 2025

Amount Raised

$200 Million

Round Type

Funding Round

Financial ServicesFinanceFintech

Investors

Google Africa Investment FundLeapfrogDevelopment Partners International (Dpi) LLPVisa

Description

Moniepoint has raised an additional $90M, completing a $200M funding round aimed at accelerating its expansion plans throughout Africa. The round saw participation from prominent investors, including Visa and Google Africa Investment Fund. With this funding, Moniepoint secures a valuation of over $1 billion. The company focuses on underserved small businesses, providing critical financial services.

Quick answer

Moniepoint raised $200 Million in a Funding Round round, dated October 21, 2025. Investors: Google Africa Investment Fund, Leapfrog, Development Partners International (Dpi) LLP and Visa.

How much did Moniepoint raise?
Moniepoint raised $200 Million in a Funding Round round on October 21, 2025.
Who invested in Moniepoint?
Google Africa Investment Fund, Leapfrog, Development Partners International (Dpi) LLP and Visa are named as investors in this round.
What does Moniepoint do?
Moniepoint, initially known as TeamApt, is a fintech company focused on providing infrastructure and payment solutions for banks and financial institutions in Africa.
Where is Moniepoint based and how big is it?
Fundz records about 3,800 employees.
Who are the decision-makers at Moniepoint?
Fundz holds 5 contacts at Moniepoint, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Moniepoint that raised within 45 days of this round, from Fundz verified event records.

  • Tonik raised $12M (Series C) on December 4, 2025.
  • Digital Asset Acquisition raised $50M (Funding Round) on December 4, 2025.
  • Ostium raised $24M (Series A) on December 3, 2025.
  • Sokin raised $50M (Series B) on December 1, 2025.
  • Clara raised $70M (Debt Financing) on November 28, 2025.
  • Higala raised $4M (Seed) on November 25, 2025.

Who to call at Moniepoint, and when

A new round usually means Moniepoint is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Moniepoint raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Moniepoint, from your own LinkedIn network

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Company Information

Company

Moniepoint

About

Moniepoint, initially known as TeamApt, is a fintech company focused on providing infrastructure and payment solutions for banks and financial institutions in Africa. It has transitioned to being a business banking provider, offering services such as working capital loans, expense management tools, and insurance to small and medium-sized businesses. Since its launch in 2015, Moniepoint has raised over $180 million and achieved a valuation of $1 billion, making it a unicorn. The company serves around 400,000 SMBs across Nigeria and processes a significant volume of transactions.

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Related People

5 contacts
Verified contactsTosin E., Chief Executive Officer hiddenSee plans and pricing
Predictive Intelligence
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Moniepoint raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.