Moniepoint Microfinance Bank has disclosed that it processed transactions worth N412 trillion and disbursed more than N1 trillion in loans in 2025, underscoring its growing role in financing Nigeria’s informal and small business economy.
The figures were released by Moniepoint Inc., the bank’s parent company, in its 2025 Year in Review report published on Thursday.
According to the company, the bulk of the loans were targeted at small and medium-sized enterprises (SMEs), including provision stores, supermarkets, building materials traders, and other informal and semi-formal businesses that typically struggle to access traditional bank credit.
The latest numbers highlight the expanding influence of Nigerian fintech firms in driving financial inclusion and supporting grassroots economic activity. For context, FairMoney MFB recently disclosed that it disbursed over N150 billion in loans to small businesses in 2025, pointing to a broader fintech-led credit expansion trend.
What the data is saying
Moniepoint said its microfinance bank now powers a significant share of Nigeria’s in-person payment ecosystem, reflecting both scale and deep market penetration.
The company disclosed that:
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Moniepoint MFB processed over 14 billion transactions valued at N412 trillion in 2025, accounting for about 80% of in-person payments nationwide.
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Monnify, its web-based payment gateway, processed transactions worth N25 trillion over the same period, driven by rising adoption of online and business-to-business payments.
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Businesses that accessed loans through Moniepoint recorded average growth of over 36% after receiving credit, according to company data.
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The platform now serves more than 6 million active businesses across Nigeria.
Moniepoint said it relies on alternative data, including transaction histories and payment behaviour, to assess creditworthiness. This approach allows it to extend financing to businesses that are typically excluded from conventional banking systems due to lack of collateral or formal financial records.
The company noted that its data-driven lending model is designed to reduce credit gaps in the SME segment while supporting business expansion and job creation.
More insights on product and regulatory expansion
Beyond payments and lending, Moniepoint expanded its product suite and regulatory footprint in 2025 as part of a broader strategy to deepen its role in Nigeria’s financial ecosystem.
Key developments during the year include:
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The relaunch of its savings product, with internal data showing that daily savings is the most common user behaviour.
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The launch of Moniebook, aimed at helping small businesses better manage records and operations.
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The acquisition of a national microfinance bank licence, expanding its ability to offer a wider range of regulated financial services.
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TeamApt Ltd, its switching and processing subsidiary, obtained Mastercard and Visa licences to operate as a processor and acquirer, enabling international card payments and switching services across Africa.
Speaking on the company’s strategy, Group CEO Tosin Eniolorunda said Moniepoint is focused on building financial infrastructure to support Africa’s largely informal economy.
“Our focus remains on building financial infrastructure to support Africa’s largely informal economy, which accounts for about 83% of employment across the continent,” Eniolorunda said.
What you should know
Moniepoint Inc., formerly known as TeamApt Inc., was founded in 2015 by Tosin Eniolorunda and Felix Ike.
The company provides a wide range of services, including digital payments, business accounts, credit, foreign exchange, and operational tools tailored for small and medium-sized enterprises.
In 2025, Moniepoint completed a Series C funding round, raising over $200 million in equity. Investors in the round included Development Partners International, Google’s Africa Investment Fund, Visa, the International Finance Corporation (IFC), and Verod Capital.
The company also launched MonieWorld in the United Kingdom to serve the African diaspora, strengthening remittance and cross-border payment corridors between the UK and Africa.
With transaction volumes in the hundreds of trillions of naira and loan disbursements crossing the N1 trillion mark, Moniepoint’s latest results reinforce its position as one of Nigeria’s most influential fintech platforms and a key enabler of SME growth and informal sector financing.
Emmanuel Bassey is a Financial Expert that has worked in the Banking and Finance Industry for over 15+ years across different banks in Nigeria
