YC-backed Moni rebrands as Rank, backs its ambition with a bank acquisition
- Moni rebranded as Rank and acquired AjoMoney and Zazzau Microfinance Bank.
- Zazzau MFB will operate as Rank Microfinance Bank, enabling a regulatory base for scaling services.
- Rank aims to expand beyond savings to include payments and investment services.
Tech Labari - Nov 11, 2025
Rank (formerly Moni) Expands with Acquisitions to Build a Community-Powered Money App
Y Combinator-backed fintech Moni has rebranded as Rank, aiming to become Africa's leading community-
Rank's strategic rebranding and acquisitions position it well to tap into the growing demand for community-focused financial services in Nigeria. By leveraging social trust and offering a comprehensive suite of services, Rank could potentially disrupt traditional banking models and foster financial inclusion among underserved communities. However, the success of this transition will depend on building and maintaining user trust.
