Leadership:
Tosin Eniolorunda, CEO
Headquarters:
London, England
QED Investment:
2022
QED Champions:
Moniepoint is an all-in-one digital financial services platform for businesses. Since 2019, Moniepoint’s technology has powered over 600,000 businesses, offering all the payment, banking, credit and business management tools they need to succeed. It aims to power the dreams of entrepreneurs by providing them with the financial technology tools they need to grow, no matter their digital literacy level.
Moniepoint currently processes the majority of the POS transactions in Nigeria, processing over $170 billion in annualized TPV. It is profitable and, in 2022, became QED Investors’ first investment into Africa.
For more information, please visit: https://moniepoint.com/
Enabling a growing digital form of payments for merchants and consumers in Nigeria is exciting, but being able to deepen the financial capability of these merchants, providing them with the everyday tools and credit they need to run their businesses, will be profoundly impactful.
Gbenga Ajayi