Breaking News
Moniepoint Named Among UK’s Leading Fintech Companies by CNBC
Moniepoint Inc. (“Moniepoint” or the “Company”), one of Africa’s leading business payments and digital banking platforms, announces it has been recognised by CNBC as one of the UK’s top fintech companies. The accolade highlights Moniepoint’s growing international presence and its role in advancing financial inclusion for Africans worldwide.
Moniepoint joins a select cohort of innovative companies driving forward the UK’s dynamic fintech ecosystem. The list, compiled by CNBC in conjunction with market research firm Statista, identified honourees following analysis of key performance indicators across 2023-24 such as revenue growth, transaction volume, and capital raised.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly TeamApt Inc.) is a leading advocate for financial inclusion across Africa and the diaspora – especially for individuals and businesses operating in the informal economy, underserved by formal and traditional institutions. Today, the Company supports more than 10 million customers and processes over one billion transactions monthly with volumes exceeding US$22 billion. Its comprehensive, integrated platform spans digital banking, credit, payments, and business management tools – offering a seamless digital financial experience.
The award follows several recent milestones for Moniepoint which reiterate the Company’s significant momentum and ongoing commitment to widening access to the formal financial system.
Notably, Moniepoint expanded its offering to Africans in the international diaspora via the launch of the MonieWorld platform earlier this year. MonieWorld offers seamless remittance and digital financial services capabilities to individuals in international markets including the UK; the first time the Company has provided services to consumers outside Africa.
This latest accolade follows Moniepoint’s inclusion among CNBC’s list of the world’s top 300 fintech companies in July. Earlier in 2025, the Company was named in the TIME100 Most Influential Companies list, demonstrating its extraordinary impact. Moniepoint has also been recognised by the Financial Times for three consecutive years as one of Africa’s fastest-growing companies, reflecting its remarkable revenue growth and business expansion; and by CB Insights in the Fintech 100 list, highlighting the Company’s status as one of the world’s most promising private fintech companies.
Tosin Eniolorunda, Co-Founder and Group CEO of Moniepoint Inc., said: “We are delighted to be honoured once again by CNBC, this time as one of the UK’s top fintech companies. We are Nigerian-founded and proud of our heritage, but we recognise the importance of the UK market as both a strategic bilateral trade partner and a vital remittance corridor for Africa.
“That’s why we launched MonieWorld earlier this year – to meet the fragmented, underserved needs of the UK’s African diaspora – and, emboldened by this recognition, we look forward to exploring new ways to expand our presence in the UK and other markets, all with a view to promoting financial happiness and inclusion for Africans everywhere.”
CNBC’s list of the UK’s top fintech companies was launched this year to identify leaders in technology-driven financial services operating within the largest fintech market in Europe. The list – which includes companies operating across various market categories including banking solutions, digital assets, and payments – highlights the UK’s dynamic and rapidly evolving fintech industry, offering readers, investors, and stakeholders a comprehensive overview of the sector’s leading players.
See the full list here: https://www.cnbc.com/the-uks-top-fintech-companies-2025/
People In This Post
Companies In This Post
- Xscape Theatres Elevates Moviegoing with Adyen Partnership, Unlocking Modern Payments for a New Generation of Film Fans Read more
- Dubai Real Estate: Foreign Investors Drive Demand Amid Tightening Supply Read more
- EXCLUSIVE: “Rewriting the Rules” – Hazem Mulhim and Daoud Abdel Hadi, Eastnets in ‘The Fintech Magazine’ Read more
- Vine Powers Commercial Lending for Crest Savings Bank Read more
- Red Rocks Credit Union Expands Partnership with Alkami to Deliver its Digital Sales & Service Platform Read more