In its 2025 year-in-review report, Moniepoint reports that 8 out of 10 in-person transactions were processed by the company, revealing the fintech’s growing dominance in the country’s payments space.
The milestone comes as Moniepoint, which began a decade ago as a back-end technology provider for banks, acquires a national microfinance bank license in Nigeria, positioning it as an all-in-one financial platform serving millions of businesses and individuals nationwide.
Moniepoint’s scale is tied to its role as Nigeria’s largest merchant acquirer, powering most of the country’s point-of-sale transactions. Through its subsidiaries, the company processes more than $250 billion in annual digital payment transaction value.
The report shows Moniepoint processed ₦412 trillion and more than 14 billion transactions in 2025, while serving over 6 million businesses and banking more than 16 million individuals.
Its credit operations are also closely tied to merchant activity, with over ₦1 trillion disbursed to small businesses and borrowers recording a 36% increase in transaction value after receiving loans. These figures suggest that the company’s payments infrastructure not only facilitates transactions but also contributes to business growth and liquidity for small enterprises.
Moniepoint’s bet on physical commerce is complemented by efforts to deepen financial relationships with the same merchants. In 2025, it launched Moniebook, a platform that combines payments and bookkeeping, positioning itself not only as a payments provider but as a business management partner.
While in-person payments are central at home, the company is also extending its ecosystem beyond Nigeria. Its UK-based remittance product, MonieWorld, targets Nigerians in the diaspora sending money to people and businesses locally, effectively linking cross-border flows to the same domestic merchant economy where it is strongest. The service has grown largely through word-of-mouth within UK Nigerian communities
Investor confidence appears to mirror this growth. In 2025, Moniepoint raised over $200 million in Series C funding from backers including Development Partners International, Google’s Africa Investment Fund, Visa, the International Finance Corporation, and Verod Capital. The company says the capital will support expansion across Africa and diaspora markets, but its current numbers show that its biggest influence remains in the day-to-day payments of Nigerian businesses and consumers
