Moniepoint Inc., Africa’s all-in-one financial ecosystem platform for individuals, businesses and their customers, has released its inaugural Impact Report
highlighting its growing role in expanding financial inclusion, supporting small businesses and driving economic growth across the continent.
Titled “Creating Financial Happiness,” the report chronicles the company’s transformation from a financial infrastructure provider into a comprehensive financial ecosystem serving more than 20 million businesses and individuals, while processing over $250 billion (N342.7 trillion) in annual transaction value.
A key highlight of the report is Moniepoint’s contribution to closing Nigeria’s estimated $32.2 billion MSME financing gap through expanded access to credit, banking and business management tools.
According to the report, the company disbursed more than $700 million (N960.2 billion) in loans to micro, small and medium-sized enterprises (MSMEs) in 2025. Notably, three out of every four beneficiaries received their first-ever formal business loan through Moniepoint.
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The company attributed this achievement to its proprietary lending model, which assesses businesses using transaction data and cash-flow patterns instead of relying on collateral and extensive documentation that often exclude small enterprises from accessing formal finance.
Moniepoint said businesses that accessed its credit facilities recorded an average 36 per cent increase in transaction value, while enterprises banking on its platform supported more than eight million jobs during the year.
The report also underscored the company’s efforts to bridge the gender financing gap by significantly increasing lending to women-owned businesses.
It revealed that women borrowers recorded a default rate 2.5 times lower than their male counterparts, reinforcing the value of data-driven lending decisions.
Leveraging these insights, Moniepoint increased lending to women-owned businesses by more than 300 per cent in 2025, with women accounting for 36 per cent of its total loan portfolio, significantly above the industry average of between 15 and 25 per cent. The report further noted that 62 per cent of surveyed female entrepreneurs received their first formal business loan through the platform.
Beyond lending, Moniepoint said its digital payment infrastructure continues to extend financial services to underserved communities. Through its USSD banking service, customers without smartphones or reliable internet connectivity completed transactions worth more than $170 million using basic feature phones.
The company added that its point-of-sale (POS) terminals are now operational across all 774 local government areas in Nigeria, enabling payment services for approximately 100 million people in 2025.
User surveys conducted by the company also showed that 83 per cent of customers reported an improved quality of life, while 85 per cent expressed greater confidence in achieving their financial goals.
Speaking on the report, Moniepoint Co-Founder and Group Chief Executive Officer, Tosin Eniolorunda, said the company’s decade-long journey has been driven by a commitment to making financial services accessible to everyone.
“Ten years ago, we began this journey with a simple but audacious goal—to build financial infrastructure that worked for everyone. Today, that goal has crystallised into our mission of creating a world where every African, everywhere, can experience financial happiness,” he said.
According to Eniolorunda, the report demonstrates the real-life impact of accessible financial services on businesses and communities.
“For 75 per cent of the businesses we lent to this year, ours was the first formal business loan they had ever received. We also significantly expanded lending to women-owned businesses because we know that when African women thrive, entire communities are uplifted,” he said.
He added that businesses benefiting from Moniepoint’s credit facilities recorded a 36 per cent increase in average transaction value, while enterprises supported by the platform now sustain more than eight million jobs.
The report also highlighted the company’s regional expansion during the year through the acquisition of Sumac Microfinance Bank in Kenya, marking its entry into the East African market.
Moniepoint further launched Moniebook, an integrated platform that combines payments, bookkeeping and inventory management to help small businesses streamline operations and improve growth.
Beyond its commercial operations, the company said it continues to invest in education, entrepreneurship, technology and community development in alignment with the United Nations Sustainable Development Goals (SDGs).
Its initiatives, including the Women in Tech and DreamDevs engineering programmes, have expanded employment opportunities while supporting STEM education, financial literacy, women entrepreneurs and underserved children, collectively reaching tens of thousands of beneficiaries.
The report also noted that through strategic partnerships with government agencies, Moniepoint supported subsidised food distribution programmes that reached more than 800,000 people across northern Nigeria.
Recognised among TIME’s 100 Most Influential Companies in 2025 and listed by the Financial Times among Africa’s Fastest-Growing Companies, Moniepoint said it now employs more than 3,300 people across 10 countries, reflecting its evolution into a leading pan-African financial technology company.
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