Moniepoint Secures $200 Million to Boost Digital Services in Africa

Reported about 7 hours ago

Nigerian fintech company Moniepoint Inc. has raised over $200 million in a funding round led by Development Partners International, aiming to expand its digital financial services across Africa. This Series C financing, one of the largest in African fintech this year, will help enhance services for small and medium enterprises and support Moniepoint’s growth into new markets. Founded in 2015, Moniepoint has become Nigeria's largest business banking platform with over 10 million active users.

Source: YAHOO

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