Moniepoint: valuation, funding rounds and share price

The most recent valuation reported for Moniepoint in the deals we track is $1B (post-money; reported across multiple sources as achieving unicorn status), reported with its Series C in October 2024. Source: Moniepoint raises $110M in first close of Series C led by Development Partners International.

Moniepoint has raised $110M across 1 disclosed round tracked by Africa Markets. Valuations are as reported at announcement and may not reflect current value.

No. Moniepoint is a private company and its shares are not listed on a stock exchange, so there is no public Moniepoint stock price. The most recent valuation reported was $1B in October 2024.

Moniepoint also appears as MONI in the Africa Markets trading demonstration, a members-only preview of our marketplace. Prices there come from a demonstration call auction in which members trade with demo cash; they are not real market prices, not a valuation of Moniepoint, and no real shares change hands. Members can view MONI in the demonstration.

Moniepoint (formerly TeamApt) provides an integrated financial ecosystem for small and medium-sized businesses and individuals across Africa. It is Nigeria's largest merchant acquirer and in-person payments platform, powering the majority of POS transactions in the country through a network of agents and digital tools. The company offers business and personal banking accounts, digital payments, credit, foreign exchange, remittances, bookkeeping, and other management services via its app and infrastructure.

It serves over 10 million active business and personal banking customers and processes billions of transactions annually with reported annual transaction value exceeding $250 billion in recent updates. The company operates profitably at scale and has expanded beyond Nigeria into other African markets (including Kenya) and international remittance corridors targeting the diaspora. Its business model combines technology infrastructure for banks with direct-to-business and consumer financial services, focusing on the informal sector and financial inclusion.