Moniepoint Inc. Review of Services and Features

Moniepoint Inc. offers a range of services that cater to various financial needs. Their mobile banking app allows users to perform a wide range of transactions, including airtime purchase, bill payment, and cash transfer.

One of the standout features of Moniepoint Inc. is their agent network, which provides users with access to a vast network of agents across Nigeria. This makes it easy for users to deposit and withdraw cash at their convenience.

Moniepoint Inc. also offers a cashless transaction service, which enables users to make payments and transfers without the need for physical cash. This service is particularly useful for businesses and individuals who want to reduce their cash handling risks.

Their mobile app is available for both Android and iOS devices, making it accessible to a wide range of users.

Moniepoint provides a range of financial services to meet the needs of businesses and individuals. Here are some of the key services they offer:

Moniepoint offers free business and personal banking accounts, making it easy to manage your finances. You can also get business and individual loans to support growth and financial needs.

Moniepoint's payment processing solutions are secure and reliable, making it a great option for businesses. They also offer tools for managing business finances, including spending insights and reports.

Some of the key services offered by Moniepoint include:

Moniepoint has been a game-changer for many users, including those who've had issues with local banks. Its user-friendly app and range of services make it a great option for anyone looking for a reliable banking solution.

Moniepoint has a global presence with offices in strategic locations.

Its headquarters is located in London, United Kingdom, at 241 Southwark Bridge Rd, SE1 6FP.

The company also has an office in Wilmington, Delaware, United States of America, situated at Suite 105, 112 S. French Street.

Additionally, Moniepoint has a presence in Lagos, Nigeria, at The Post Square, Off Adeola Odeku, Victoria Island.

Moniepoint offers a range of financial services to meet the needs of businesses and individuals.

One of the key services provided by Moniepoint is banking, which includes free business and personal banking accounts for easy financial management.

In addition to banking, Moniepoint also offers credit services, including business and individual loans to support growth and financial needs.

Moniepoint's payment processing solutions are secure and reliable, making them ideal for businesses that need to process transactions efficiently.

The company's business management tools provide valuable insights and reports to help businesses manage their finances effectively.

Moniepoint has recently expanded its services to include personal banking products, such as debit cards, money transfers, bill payments, and salary advances.

Here are some of the key financial services offered by Moniepoint:

Moniepoint is known for its efficiency, especially when it comes to accountability.

Their customer service is top-notch, and transactions are handled smoothly and quickly.

Moniepoint is also fast and reliable, with no network failures to worry about.

Withdrawals and transactions are done swiftly and without any hindrances.

Moniepoint provides a range of financial services, including banking, credit, payments, business management, and personal banking.

Here are some of the key services they offer:

Moniepoint Inc. is a financial technology company that offers a range of services, including mobile money and agency banking.

Moniepoint Inc. was founded in 2014 and is headquartered in Lagos, Nigeria.

Their mobile money service allows users to send and receive money, pay bills, and purchase airtime.

Moniepoint Inc. has over 1.5 million agents across Nigeria and Ghana, making it one of the largest agent networks in West Africa.

The company has partnered with several major banks in Nigeria to offer a range of financial services to its customers.

Moniepoint Inc. charges a flat fee of 0.5% for transactions on its platform.

Their mobile app is available for download on both Android and iOS devices.

Moniepoint Inc. has raised a total of $167.5M in funding over 6 rounds, with their latest funding round being a Series C - II for $110 million on January 23, 2025.

Moniepoint's valuation was $1,000M in October 2024, and they have processed over 800 million transactions, with a monthly total value exceeding $17 billion.

Moniepoint has made 1 investment, which was in Payday as part of their Seed VC - II on March 29, 2023, for $3 million.

Moniepoint's investors include Visa, Development Partners International, Lightrock, Google's Africa Investment Fund, Verod Capital, and more, with a total of 16 investors.

Moniepoint has raised a total of $167.5 million over 6 funding rounds.

Moniepoint's latest funding round was a Series C - II for $110 million on January 23, 2025, led by Visa.

Moniepoint's valuation in October 2024 was $1 billion, making it the continent's eighth unicorn.

Moniepoint has processed over 800 million transactions, with a monthly total value exceeding $17 billion.

Moniepoint's revenue has grown at a rate of over 150% CAGR in recent years.

Moniepoint's deal structure is available for 1 funding round, including their Series C from October 29, 2024.

Moniepoint has had a notable portfolio exit. Its latest portfolio exit was Payday on December 5, 2023.

The exit was an acquisition by Bitmama, with a valuation of $XXM.