According to Moniepoint 2025 Impact Report, wey dem release over weekend, di fintech company don disburse ova $700 million in credit to Micro, Small and Medium-Sized Enterprises for Naija. Di report tok say three out of four merchants wey dey di platform admit say na first time dem dey get business credit.
Credit wey dem give business owners don help dem increase dia average transaction value by 36 percent. Moniepoint also say di loan disbursement to women-owned businesses don increase by ova 300 percent. 36 percent of di total loans go to women entrepreneurs, wey pass di industry benchmark of 15-25 percent. 62 percent of women wey tok for di report say di loan wey dem receive through Moniepoint na dia first formal business loan.
Di company say e now serve ova 20 million businesses and individuals, and e dey process ova $250 billion in digital payments transaction value annually through e subsidiaries. Moniepoint POS terminals dey all di 774 local government areas for Naija, wey make am possible for 100 million people to make payments. Di terminals get loud beep wey dey confirm when payment go through, wey dey build trust for digital payments.
To deepen financial inclusion, Moniepoint adopt USSD banking platform wey get five million users for 2025, wey be 500 percent increase from previous year. Di company launch Moniebook, wey be integrated bookkeeping, inventory and payment management platform. Since di launch, 91 percent of merchants report say dia business operations improve, 96 percent say better transaction security, and 86 percent experience increased earnings.
Moniepoint start as TeamApt, wey create financial technology products for Nigerian banks. Later e expand to serve 95 percent of Nigerian banks, reaching ova 10 million customers indirectly. Today, Moniepoint be Africa’s leading financial services provider. Di Co-founder and Group CEO, Tosin Eniolorunda, tok say, “We begin this journey with a simple but audacious goal: to build financial infrastructure wey work for everyone.” E say 2025 be a defining year as di company scale e ambitions while deepening social impact.
Di report also highlight Moniepoint partnership with government agencies to support subsidised rice distribution to 848,592 beneficiaries. Eniolorunda say di company remain committed to creating financial happiness for Africans everywhere.
