Author: Kemisola Ologbonyo

Recently, Moniepoint, a Nigerian fintech company joined the ranks of tech unicorns, securing a $110 million funding round that catapulted it to a valuation of over $1 billion. This achievement has solidified its place in the fast-growing Nigerian fintech sector, with its innovative solutions aiming to empower millions of businesses and individuals across Nigeria and beyond. From Microfinance to Fintech Innovation Moniepoint, originally launched as a microfinance bank, initially focused on providing basic financial services to the underserved segments of Nigeria’s population. However, the fintech’s growth trajectory accelerated when it shifted focus to offer technology-driven solutions to meet…