Tech Company Financing Transactions
Moniepoint Funding Round
Moniepoint, based in Lagos, scored $110 million from Lightrock and Verod-Kepple Africa Ventures.
Transaction Overview
Company Name
Announced On
10/29/2024
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Undisclosed
Investors
Lightrock (Lead Investor)
Proceeds Purpose
Moniepoint will use the fresh capital infusion to fuel its ambitious growth plans across Africa, with a vision to create an all-in-one platform for businesses.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
The Post Square, Off Adeola Odeku, Victoria Island
Lagos, Undisclosed
Nigeria
Lagos, Undisclosed
Nigeria
Phone
Website
Email Address
Overview
Global payments, powered by Africa's fastest-growing fintech. Access to payments and banking is crucial for the success of any business. In Africa, where the majority of employment comes from MSMEs, the stakes are even higher. In 2019, Moniepoint set out to even the odds by providing businesses and individuals with access to banking, payments, credit and business management tools to help them grow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Tosin Eniolorunda
Browse more venture capital transactions:
Prev: 10/29/2024: DoorLoop venture capital transaction
Next: 10/29/2024: GMI Cloud venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs