Imagine backing one of Africa’s quietest giants before the crowd caught on. Today, that small company, Moniepoint, is now worth over $1 billion.
Moniepoint began as a small payments outfit trying to help SMEs modernise their payment infrastructure. It is now a multi-billion-dollar fintech that runs much of Nigeria’s SMEs transaction infrastructure. It recently raised an additional $90 million to complete its Series C round at $200 million, one year after achieving unicorn status.
After Moniepoint raised $110 million in October 2024 to become a unicorn, early investors and some senior employees made money from selling shares to new investors. At least two senior employees who sold part of their shares in the round made $20,000 and $850,000.
Now imagine you had an early seat at Moniepoint’s investor table. designed this tool to show that an early bet would have grown. It illustrates how belief, timing, and discipline are compounded in Africa’s technology story.
Enter an amount to see how conviction translates into returns.
Moniepoint shows what scale built on fundamentals looks like in Africa, focusing on profit and infrastructure, a discipline that has now rewarded its first backers.
Since its $110 million initial Series C round, the company has expanded its product to include a remittance product, an inventory product, and launched contactless payment cards, underscoring its intent to continue scaling. The company is quickly becoming the poster child of a maturing ecosystem, built with endurance.
The next Moniepoint may already be forming in Lagos, Nairobi, or Accra, led by founders who build patiently, solve practical problems, and expand regardless of economic realities.
