Nigerian fintech Moniepoint raises $200 million in 2025, attracting Visa, Google, and LeapFrog to fuel expansion across Africa and the United Kingdom.
Nigeria’s leading financial-technology firm Moniepoint Incorporated has raised $200 million in total funding this year, cementing its status as one of Africa’s most valuable fintech companies and strengthening its international ambitions.
The latest $90 million round, announced this week, drew participation from global investors including Visa Incorporated, LeapFrog Investments, Development Partners International LLP, and Google’s Africa Investment Fund. The investment reflects renewed confidence in Africa’s fast-growing digital-finance industry after two years of subdued venture activity.
Founded in 2015 by Tosin Eniolorunda, Moniepoint began as a local payment processor but now serves millions of merchants and consumers with digital banking, payments, and remittance solutions. The company’s systems handle more than $250 billion in annual transactions, underscoring its dominance in Nigeria’s expanding fintech landscape.
With the new capital, Moniepoint plans to broaden operations into Kenya and the United Kingdom, while reinforcing its presence at home. The funds will also support compliance upgrades, merchant-acquiring expansion, and enhanced cross-border payments infrastructure connecting African markets.
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The participation of major global players such as Visa and Google highlights a growing appetite for African fintech investments among institutional and strategic backers. Analysts say the fundraising success demonstrates Moniepoint’s financial strength and operational maturity despite tighter global liquidity.
“Moniepoint’s ability to raise capital in the current market shows that investors view African fintech as a long-term growth opportunity,” said one Lagos-based venture analyst. “It’s a sign of both resilience and scalability.”
Nigeria remains the continent’s fintech hub, home to leading names such as Flutterwave, Interswitch, and Opay. According to data from Africa: The Big Deal, startups across the continent have already secured more than $2.2 billion in 2025, surpassing investment totals for both 2023 and 2024.
Moniepoint’s planned entry into the UK market marks a milestone for African fintechs integrating with global payment systems. The firm aims to use its Nigerian expertise — where it built one of Africa’s largest agent-banking networks — to serve diaspora remittances and international merchant payments.
Industry experts say the fundraising underscores Africa’s growing role as a strategic frontier for global payment networks and impact investors. As more consumers and businesses adopt digital finance, established firms like Moniepoint are expected to drive inclusion, improve transparency, and shape the continent’s evolving financial future.
