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Nigerian-Founded Moniepoint Named Among UK’s Top Fintechs by CNBC

LAGOS, Nigeria (Chatnewstv.com) — Nigerian-founded Moniepoint Inc., one of Africa’s leading business payments and digital banking platforms, has been recognized by CNBC as one of the United Kingdom’s top fintech companies, underscoring its growing international presence and role in advancing financial inclusion for Africans worldwide.

The CNBC list, compiled with market research firm Statista, highlights innovative companies driving the UK’s fintech sector. Honorees were identified through analysis of revenue growth, transaction volume and capital raised between 2023 and 2024.

Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint — formerly known as TeamApt Inc. — supports more than 10 million customers and processes over one billion transactions monthly with volumes exceeding $22 billion. Its integrated platform spans digital banking, credit, payments and business management tools, serving individuals and businesses in Africa’s informal economy.

“This recognition by CNBC as one of the UK’s top fintech companies is an honour,” said Tosin Eniolorunda, co-founder and group CEO of Moniepoint. “We are Nigerian-founded and proud of our heritage, but we recognise the importance of the UK market as both a strategic bilateral trade partner and a vital remittance corridor for Africa.”

Earlier this year, the company launched MonieWorld, a digital financial services platform for Africans in the diaspora, offering remittance and banking solutions in the UK and other international markets.

“That’s why we launched MonieWorld — to meet the fragmented, underserved needs of the UK’s African diaspora,” Eniolorunda said. “Emboldened by this recognition, we look forward to expanding our presence in the UK and other markets, all with a view to promoting financial happiness and inclusion for Africans everywhere.”

The recognition adds to a series of recent accolades for Moniepoint. The company was included in CNBC’s list of the world’s top 300 fintech companies in July and named in the TIME100 Most Influential Companies list earlier in 2025. It has also appeared on the Financial Times’ ranking of Africa’s fastest-growing companies for three consecutive years and on CB Insights’ Fintech 100 list.

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