About Moniepoint
Moniepoint is a company based in London (United Kingdom) founded in 2019 by Felix Ike and Tosin Eniolorunda.. Moniepoint has raised $255.5 million across 6 funding rounds from investors including Google, Visa and LeapFrog Investments. Moniepoint has completed 2 acquisitions, including Kopo Kopo and Sumac Microfinance Bank. Moniepoint offers products and services including Payments Platform, Banking Solutions, Business Management Tools, and Credit Services. Moniepoint operates in a competitive market with competitors including Stripe, PayPal, Flutterwave, Square and Wright Express, among others.
- Headquarter London, United Kingdom
- Founders Felix Ike, Tosin Eniolorunda
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Moniepoint Uk Ltd
- Date of Incorporation 04 Aug, 2022
- Jurisdiction LONDON, ENGLAND
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Products & Services of Moniepoint
Moniepoint offers a comprehensive portfolio of products and services, including Payments Platform, Banking Solutions, Business Management Tools, and Credit Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables merchants to accept and process digital payments securely.
Facilitates instant transactions and bill payments for users.
Offers expense cards and accounting for seamless business operations.
Provides loans to support business inventory and expansion needs.
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Software Development Team
74 people
Product Management Team
17 people
Sales and Marketing
15 people
Senior Team
12 people
Human Resources and Administration
11 people
Business Team
10 people
Leadership Team
8 people
Creative and Marketing Team
6 people
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Funding Insights of Moniepoint
Moniepoint has successfully raised a total of $255.5M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $90 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $90.0M
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First Round
First Round
(28 Feb 2019)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series C - Moniepoint | Valuation |
investors |
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| Jan, 2025 | Amount | Series C - Moniepoint | Valuation | Visa |
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| Oct, 2024 | Amount | Series C - Moniepoint | Valuation | Development Partners International |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Moniepoint
Moniepoint has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Google, Visa and LeapFrog Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Verod is recognized as a leading African investment firm.
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Founded Year | Domain | Location | |
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A premier African investment firm focused on high-growth businesses.
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Founded Year | Domain | Location | |
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Investments are directed toward growth-stage companies generating scalable impact.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Moniepoint
Moniepoint has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kopo Kopo and Sumac Microfinance Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital payment and business tools are provided by Kopo Kopo.
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2010 | ||||
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Microfinance services are extended to low-income clients in Kenya.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Moniepoint
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Moniepoint Comparisons
Competitors of Moniepoint
Moniepoint operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, PayPal, Flutterwave, Square and Wright Express, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Moniepoint
Frequently Asked Questions about Moniepoint
When was Moniepoint founded?
Moniepoint was founded in 2019.
Where is Moniepoint located?
Moniepoint is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Moniepoint?
Tosin Eniolorunda is the current CEO of Moniepoint. They have also founded this company.
Is Moniepoint a funded company?
Moniepoint is a funded company, having raised a total of $255.5M across 6 funding rounds to date. The company's 1st funding round was a Series C of $110M, raised on Feb 28, 2019.
What does Moniepoint do?
Moniepoint was founded in 2019 and is headquartered in London, United Kingdom. Financial services are offered through an integrated platform that includes payments processing, banking solutions, credit facilities, and business management tools. These operations target businesses and individuals, with a focus on streamlining financial tasks and enabling access to resources across various sectors.
Who are the top competitors of Moniepoint?
Moniepoint's top competitors include Stripe, PayU and Flutterwave.
What products or services does Moniepoint offer?
Moniepoint offers Payments Platform, Banking Solutions, Business Management Tools, and Credit Services.
How many acquisitions has Moniepoint made?
Moniepoint has made 2 acquisitions, including Kopo Kopo, and Sumac Microfinance Bank.
Who are Moniepoint's investors?
Moniepoint has 18 investors. Key investors include Google, Visa, LeapFrog Investments, FMO, and Lightrock.
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