Moniepoint

Nigerian fintech unicorn: business banking, payments, POS, and lending for African SMBs and consumers. 2M+ businesses served. $17B monthly processing volume. $1B+ Series C in Oct 2024.

Services Fintech / Banking / Payments / SMB
Visit Moniepoint
★ ★ ★ ★ ★ New (0 reviews)
Lagos, Nigeria (also London, UK) HQ
2,500 employees
2015 founded

What is Moniepoint?

Moniepoint is a Nigerian fintech that started life in 2015 as TeamApt, a bank-technology vendor licensing software to Nigerian banks. Under co-founders Tosin Eniolorunda (CEO) and Felix Ike, the company pivoted to serve businesses directly, launched the Moniepoint agent-banking network to bring financial services to underbanked Nigerian communities, and then extended into full business banking, payments processing, POS terminals, working-capital lending, and consumer banking. TeamApt rebranded to Moniepoint in 2023 to reflect the shift to a direct business-and-consumer brand. By late 2024 the platform served more than 2 million businesses and processed over $17B in transactions per month, making it one of the largest financial-services companies operating in Africa. Moniepoint closed a $110M Series C in October 2024 led by Development Partners International with participation from Google's Africa Investment Fund, Verod Capital, Lightrock, and others, which pushed the company to a $1B+ valuation and unicorn status. Total funding to date is approximately $180M across Series A through C. Headquarters remain in Lagos with a substantial London office and an active push into Kenya and other African markets. Roughly 2,500 employees work across those hubs plus a distributed footprint for engineering, product, data, and central corporate functions.

Mission & values

Bring reliable, affordable financial services to every African business and consumer, so anyone can build the life and the enterprise they want.

Qualifications

Moniepoint hires across engineering (backend, distributed systems, mobile, security, payments infrastructure, data platform), product, design, data science, risk and fraud, sales, agent-network operations, customer success, legal and compliance, marketing, and G&A. Application flow lives at moniepoint.com/careers. Roles split between hub-anchored positions (Lagos primarily, London secondarily, Kenya emerging) and distributed remote roles for select engineering, product, and data functions. Payments infrastructure, risk, fraud, and mobile engineering are the most active hiring areas given the scale of the transaction processing. Sponsorship and relocation support are available for senior engineering and leadership roles.

Leadership

T

Tosin Eniolorunda

Co-Founder & Chief Executive Officer

Co-founded TeamApt (now Moniepoint) in 2015. Previously a software engineer at Interswitch, one of Africa's longest-standing payments companies.

F

Felix Ike

Co-Founder

Co-founded TeamApt (now Moniepoint) in 2015 with Tosin Eniolorunda. Long-time engineering and product leader for the platform.

B

Bayo Olujobi

Chief Financial Officer

Leads finance, investor relations, and business operations at the post-Series C scale.

Hiring process

  1. 1

    Apply at moniepoint.com/careers

    Browse open roles and submit through the Moniepoint careers portal.

  2. 2

    Recruiter screen

    Confirms role fit, target level, location (hub or remote), and salary expectations.

    About 7 days

  3. 3

    Hiring manager interview

    Deep conversation with the manager who owns the position.

    About 7 days

  4. 4

    Technical or role-specific loop

    Engineering: coding, systems design, and payments-specific scenarios. Risk and fraud: case interviews on transaction-monitoring patterns. GTM: role-play and case study.

    About 14 days

  5. 5

    Panel interviews and offer

    Cross-functional panels and offer. Sponsorship and relocation packages available for senior hires into Lagos or London.

    About 10 days

Funding

StageSeries C+
Total raised$180,000,000
Investors
Development Partners International Google's Africa Investment Fund Verod Capital Lightrock Novastar Ventures Global Ventures

Awards & recognition

  • Reached $1B+ unicorn valuation on Series C led by DPI · 2024

    Moniepoint

  • 2M+ businesses served and $17B+ monthly transaction volume · 2024

    Moniepoint

  • Rebranded from TeamApt to Moniepoint · 2023

    Moniepoint

Company information

Frequently asked questions

Where is Moniepoint based?
Headquartered in Lagos, Nigeria, with a substantial London office and active expansion into Kenya and other African markets. Approximately 2,500 employees work across those hubs plus a distributed engineering and product footprint.
Who founded Moniepoint?
Tosin Eniolorunda (CEO) and Felix Ike in 2015 as TeamApt. The company rebranded to Moniepoint in 2023.
What does Moniepoint actually do?
Business banking, payments processing, POS terminals, working-capital lending, and consumer banking for African SMBs and consumers. The platform serves 2M+ businesses and processes over $17B in transactions per month.
Is Moniepoint a unicorn?
Yes. The October 2024 Series C led by Development Partners International valued Moniepoint at over $1B. Approximately $180M raised in total across Series A through C.
Are all roles hub-based?
No. The bulk of hiring is Lagos-anchored, London for corporate and some engineering, and Kenya emerging. Select engineering, product, and data roles are distributed remote across additional countries.
Does Moniepoint sponsor visas?
Yes, sponsorship and relocation packages are available for senior engineering and leadership hires into Lagos or London.

Stay in the loop.

One email per week, 5 hand-picked roles.