Moniepoint Group, the Nigerian-born financial services titan, has effectively transitioned from a dominant payment processor into a high-volume credit engine. According to the company’s 2025 performance data, the group’s banking subsidiary disbursed over ₦1 trillion ($720.14 million) in credit to small and medium-sized enterprises (SMEs) over the past year.
The milestone signals a strategic pivot for the unicorn, which now leverages its massive transaction data to underwrite loans in a market where traditional commercial banks have historically been hesitant to lend.
From Payments to Pillars of Credit
A decade after its inception, Moniepoint has integrated itself into the fabric of the Nigerian economy. The group reports that it now serves over 6 million businesses and 16 million individual customers.
Perhaps the most significant metric in its latest review is the market penetration of its point-of-sale (POS) infrastructure. The company claims that 8 out of 10 in-person payments in Nigeria are now processed through a Moniepoint terminal. This dominance provided the data runway necessary to launch its aggressive credit expansion.
Loan Distribution by Sector
The ₦1 trillion in credit was not concentrated in tech or high finance, but rather distributed across the “real economy.”
| Business Category | Share of Credit |
| Provision Stores | 15% |
| Building Materials | 8% |
| Raw Foods | 7% |
| Drinks & Water Wholesales | 7% |
| Supermarkets | 5% |
Moniepoint asserts that businesses accessing this credit saw an average growth rate of 36%, suggesting that the liquidity is being utilized for inventory expansion and operational scaling rather than mere debt servicing.
Scaling the “Economic Engine”
The scale of capital moving through the platform highlights the sheer volume of Nigeria’s informal and semi-formal trade. In 2025, Moniepoint processed over ₦30 trillion ($21.6 billion) in total transactions, averaging 1 billion transactions per month.
To support this volume and diversify its revenue streams, the group secured a National Microfinance Bank License. This regulatory upgrade allows the firm to expand its deposit-taking capabilities and lending limits nationwide. Furthermore, its parent entity, TeamApt, has transitioned into a global processor and acquirer, securing licenses from Mastercard and Visa to facilitate international card payments.
“2025 has evolved from just enabling transactions to steadily becoming a banking institution that powers Nigeria’s economic engine,” the company stated in its annual review.
Global Ambitions and Diversification
While Nigeria remains its primary theatre, Moniepoint has begun looking toward the diaspora. The launch of MonieWorld, a payment solution for Nigerians in the United Kingdom, marks its first major foray into the European market.
Closer to home, the group has expanded its software-as-a-service (SaaS) offerings with Moniebook, an all-in-one bookkeeping and payment platform. This move seeks to lock in SME users by providing the digital tools necessary for formalizing their financial records — data which, in turn, fuels Moniepoint’s lending algorithms.
2025 Consumer Spend Highlights
The data also provides a rare window into Nigerian consumer behavior during a period of significant macroeconomic shifts:
- Food Security: Nigerians spent over ₦2 billion ($1.44 million) daily on food through the platform.
- Staples: Over ₦1.7 trillion ($1.22 billion) was processed at bakeries nationwide.
- Savings: Since relaunching its savings product in October 2025, 60% of users now save daily, with the most common target amounts ranging between ₦200,000 and ₦500,000 ($144 to $360).
The Institutional Outlook
Despite the volatile Nigerian Naira, Moniepoint’s growth trajectory has garnered international recognition, appearing on the Financial Times list of Africa’s fastest-growing companies and the Time 100 most influential companies of 2025.
The challenge moving forward will be managing the risk associated with a ₦1 trillion loan book in an inflationary environment. However, with 3,300 employees across 19 countries and a firm grip on the country’s retail payment flow, Moniepoint appears positioned to act as a private-sector proxy for the Nigerian central bank’s financial inclusion goals.