Series B FinTech MEGA DEAL

$50M

Moniepoint

Nigeria May 2023 West Africa

About this Deal

Moniepoint raised $50M Series B on path to unicorn status.

Investors

Lead: QED Investors

QED Lightrock DPI Google Africa Fund

Other Rounds by Moniepoint

Series C $110M Jun 2024

Deal Details

Amount$50M

TypeSeries B

InstrumentEquity

Valuation$500M

SectorFinTech

FounderMale-led

StatusClosed

Company

Moniepoint
Startup · Lagos

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Nigerian Exchange Group Africa's leading exchange hub

Tolaram Group Nigeria Building businesses that matter

Onitsha Main Market Traders Association Africa's largest market

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Oluwole Rasheed Sarumi Founder @ Saroafrica International

Reni Folawiyo Founder @ Alara Lagos

Bolanle Austen-Peters Founder @ Terra Kulture

Mira Mehta Founder @ Tomato Jos

Kola Masha Founder @ Babban Gona

Yemisi Iranloye Founder @ Psaltry International

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