Visa Invests in Nigerian Fintech Moniepoint 

Moniepoint, a Nigerian business payments and banking services platform, has secured an investment from Visa. Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly known as TeamApt) has targeted Nigeria’s network of small and medium-sized businesses (SMEs), offering a suite of services including digital payments, bank accounts, credit, and management tools. The platform processes more than one billion transactions monthly, with total payment volume exceeding $22 billion. “We are thrilled to announce Visa’s