As open banking APIs remain patchy across much of Africa, two software engineers are betting that the key to mass-market expense tracking is already buzzing in users' pockets.
A little over a year ago, Moniepoint pushed back publicly against a Launch Base Africa report detailing heavy losses at its newly launched UK operation, calling the figures overstated.
Oversubscribed final close above $75m target highlights early-stage resilience as international investors weigh macroeconomic volatility against long-term demographic bets.
