{"id":9434,"date":"2026-01-30T19:46:06","date_gmt":"2026-01-30T19:46:06","guid":{"rendered":"https:\/\/peoplesforumonline.com.ng\/about\/?p=9434"},"modified":"2026-01-30T19:46:06","modified_gmt":"2026-01-30T19:46:06","slug":"moniepoint-marks-10-years-of-impact-disburses-%e2%82%a61-trillion-in-credit-to-smes","status":"publish","type":"post","link":"https:\/\/peoplesforumonline.com.ng\/about\/2026\/01\/30\/moniepoint-marks-10-years-of-impact-disburses-%e2%82%a61-trillion-in-credit-to-smes\/","title":{"rendered":"Moniepoint Marks 10 Years of Impact, Disburses \u20a61 Trillion in Credit to SMEs"},"content":{"rendered":"<p>Moniepoint Inc., Africa\u2019s all-in-one financial ecosystem and Nigeria\u2019s leading platform for small businesses, has released its 2025 Year in Review, celebrating a decade of \u201cfinancial happiness\u201d and transformative growth.<\/p>\n<p>With over 6 million active businesses on its platform, Moniepoint\u2019s microfinance bank has now disbursed more than \u20a61 trillion in credit, empowering thousands of enterprises \u2014 from provision stores and supermarkets to building material suppliers. On average, these businesses recorded 36% growth after accessing credit, underscoring Moniepoint\u2019s role as a catalyst for shared prosperity.<\/p>\n<p>Leveraging alternative data such as transaction histories and payment behaviors, Moniepoint continues to expand financial inclusion by serving businesses overlooked by traditional credit scoring.<\/p>\n<p>Moniepoint MFB processed \u20a6412 trillion in transaction value across 14 billion transactions, powering 8 out of 10 in-person payments nationwide. It launched  MonieWorld UK, strengthening remittance corridors and cross-border financial services for the African diaspora. The company closed Series C round of $200 million, backed by Visa, Google\u2019s Africa Investment Fund, IFC, DPI, and Verod Capital. In its savings innovation, it re-launched savings product with daily saving habits focused on business operations (24%), rent (16.5%), and education (10%).<\/p>\n<p>TeamApt Ltd secured Mastercard and Visa licenses as processor\/acquirer; Monnify processed \u20a625 trillion in web payments. It partnered with FG on the Rice Intervention Programme (850,000 beneficiaries) and supported Kaduna State grants for vulnerable citizens as part of its corporate social responsibility.<\/p>\n<p>\u201cOur journey has been one of intentional evolution,\u201d said Tosin Eniolorunda, Group CEO and Founder. \u201cWhat began as solving overlooked problems has grown into a platform powering the dreams of millions. As Africa\u2019s informal economy accounts for 83% of employment, our mission to create financial happiness remains our guiding mandate.\u201d<\/p>\n<p>Looking ahead, Eniolorunda emphasized Moniepoint\u2019s strengthened partnerships, expanded infrastructure, and unwavering resolve to unlock Africa\u2019s entrepreneurial potential: \u201cThe journey is far from over, but our conviction has never been stronger.\u201d<\/p>\n<p>Moniepoint\u2019s decade-long evolution \u2014 from backend technology provider to household name \u2014 aligns seamlessly with Nigeria\u2019s vision of a more inclusive, data-driven, and productive financial landscape. Positioned at the heart of SME growth, Moniepoint is set to play a defining role in Nigeria\u2019s march toward a trillion-dollar economy by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moniepoint Inc., Africa\u2019s all-in-one financial ecosystem and Nigeria\u2019s leading platform for small businesses, has released its 2025 Year in Review, celebrating a decade of \u201cfinancial happiness\u201d and transformative growth. With over 6 million active businesses on its platform, Moniepoint\u2019s microfinance bank has now disbursed more than \u20a61 trillion in credit, empowering thousands of enterprises \u2014 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-9434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/9434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/comments?post=9434"}],"version-history":[{"count":1,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/9434\/revisions"}],"predecessor-version":[{"id":9436,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/posts\/9434\/revisions\/9436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/media\/9435"}],"wp:attachment":[{"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/media?parent=9434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/categories?post=9434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peoplesforumonline.com.ng\/about\/wp-json\/wp\/v2\/tags?post=9434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}