Moniepoint raises over $200m in Series C funding to expand across Africa and Europe
The funding round was led by Development Partners International and included participation from Google, Visa, and IFC.
≈ £150M at $1 = £0.7482 on 21 Oct 2025
Moniepoint provides digital financial services and business management tools tailored for small and medium-sized enterprises.
Moniepoint has secured over $200m in a Series C funding round to support its expansion across Africa and Europe. The investment was led by Development Partners International through its African Development Partners III fund, with participation from Google's Africa Investment Fund, Visa, LeapFrog Investments, and the International Finance Corporation.
The company provides a digital platform that combines payments, banking, credit, and business management tools for small and medium-sized enterprises. It processes over $250bn annually and serves more than 10 million active customers.
Additional backing came from Lightrock, Alder Tree Investments, Proparco, Swedfund, Verod Capital Management, QED Investors, Novastar Ventures, FMO, British International Investment, Global Ventures, Endeavor Catalyst, and the New Voices Fund. The capital will support the company's broader international scaling, including the rollout of MonieWorld.
Use of funds
- 01Expand into international markets
Investors
Development Partners International
Google's Africa Investment Fund
Visa
International Finance Corporation
Lightrock
Alder Tree Investments
Proparco
Swedfund
Verod Capital Management
QED Investors
Novastar
FMO
British International Investment
Global Ventures
Endeavor Catalyst
New Voices Fund
Categories
About the company
Moniepoint
Moniepoint offers a digital platform combining payments, banking, credit, and business management tools for businesses.