A digital financial services solution launched by Moniepoint, allowing UK residents to send money directly to Nigerian bank accounts.
Moniepoint raises $90 million to complete $200 million Series C round
Moniepoint raised an additional $90 million to complete its Series C funding round. The funding round was led by Development Partners International's African Development Partners III fund.
Moniepoint bets $7.39 million on London expansion in UK remittance push
Moniepoint has incurred $3.77 million in costs related to its London remittance operations since February 2024. The fintech allocated $7.39 million for its London expansion, spending nearly half of it so far.
