Omo, hear wetin dey happen for Naija ground! Moniepoint Inc., dem don drop bombshell say dem don dish out over N1 trillion credit to plenty businesses wey dey hustle for 2025. From provision stores to supermarkets, even building materials sellers no dey left out. E be like say Na this year na dem shine pass!
According to dem Year in Review wey dem publish, Moniepoint don achieve unicorn status, meaning say dem don enter big league for funding, with over $200 million wey dem gather from big investors like Development Partners International, Visa, and even Google’s Africa Investment Fund. Na serious achievement wey fit change the game for small businesses!
Dem talk say the small businesses wey collect limelight from Moniepoint’s credit don jam growth wey reach over 36 percent. This one no be small math o! E show say Moniepoint na real transformational giant wey dey help people waka towards prosperity.
How dem dey do am? Moniepoint no follow traditional scoring system wey dey often fail, instead, dem dey use alternative data like transaction history and business patterns. Na so dem dey make sure say plenty people fit touch credit and no dey left for behind!
Tosin Eniolorunda, the Group CEO wey be the brain behind this success, talk say, “As e be now, Naija get 83 percent of employment for informal economy, so our mission to create financial happiness dey serious matter wey we dey pursue.” E talk am proud proud, true true!
As dem dey enter the second decade of their journey, Eniolorunda talk say dem go push hard for better strategies and partnerships to back all the dreams of African entrepreneurs. “We never finish work o, but we strong pass before. This na just the beginning!”
Moniepoint MFB, dem dey lead as Nigeria’s largest merchant acquirer. E be like say dem dey handle eight out of every ten payments for in-person transactions wey happen for the obodo. Last year alone, dem process transaction value wey reach N412 trillion, touching over 14 billion transactions. E clear say Moniepoint dey set to play major role as Naija dey move towards trillion-dollar economy by 2030.
And no be only for Naija o! E get as dem don launch MonieWorld for United Kingdom to also serve our people wey dey abroad. This go help maintain remittance corridors well well, as dem dey ready to provide cross-border financial services.
For 2025, dem also don relaunch savings product wey fit meet customers’ needs. Moniebook don land too, and dem collect national microfinance bank license wey go increase their regulated capabilities. Na so dem dey expand product depth like say dem dey blow trumpet!
TeamApt, the processing arm of Moniepoint, don also carry come regulatory and operational achievements wey dey sweet. Dem don secure licenses from Mastercard and Visa, so now dem fit support international card payments directly. This one be big win for dem!
As Moniepoint process N25 trillion during the period, e show say steadiness and confidence dey high within the industry. Dem dey prepare for more business-to-business transactions.
So my people, as we dey gist, make we keep our eye on Moniepoint because dem dey on fire! Na so e be for the Naija street today o!
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