Moniepoint is not under another bank; it operates as its own entity, Moniepoint Microfinance Bank, which is licensed by the Central Bank of Nigeria (CBN). It is a subsidiary of Moniepoint Inc. (formerly TeamApt), which also operates a CBN-licensed payment switch and processor.
Moniepoint (formerly TeamApt) is a Nigerian fintech company based in Lagos that provides banking services and loans via an online banking app. The company was founded by Tosin Eniolorunda and Felix Ike in 2015.
Moniepoint Inc. is a global digital financial services provider that invests in Nigeria and other emerging markets. In Nigeria, it is the parent company of two subsidiaries, TeamApt Limited, a Central Bank of Nigeria(CBN) licensed Switch and Processor, and Moniepoint Microfinance Bank, a CBN-licensed Microfinance Bank.
Group CEO, Moniepoint Inc, Tosin Eniolorunda was named the 2024 Legit Business Leaders Awards in recognition of his outstanding contributions to Nigeria's economy.
Our journey in Nigeria started in 2018 and we are strictly licensed and regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).
MEET THE OWNER OF OPAY IN NIGERIA 🇳🇬💼 Did you know that OPay, one of Nigeria's top fintech platforms, is owned by a Chinese billionaire? 🤯 His name is Zhou Yahui, the chairman of Opera Software—the same company behind the Opera browser. Opera is the parent company of OPay. No wonder the app is so smooth and reliable!
Nigeria's top 5 banks (Access Bank, UBA, Zenith Bank, FBN Holdings, and GTCO) dominate the sector with combined assets worth over ₦146 trillion. The banking sector performed remarkably in 2023, accounting for 4.6% of the country's GDP through a year-over-year improvement of 28.86%.
Moniepoint MFB is a Central Bank of Nigeria (CBN)-regulated microfinance bank serving businesses and individuals across Nigeria. Our solutions power millions of small and medium-sized businesses, organisations, and retail users with access to banking and credit services.
He will be 40 this year and should be unarguably one of the richest, brightest young minds of my generation. According to unofficial estimates, his stake at Moniepoint is worth over $100 million. But he was not always this wealthy; running and founding Monie Point changed his life.
OPay in Nigeria is owned by Zhou Yahui, a Chinese billionaire and the chairman of Opera Software, which is OPay's parent company. He is also the founder of Kunlun Tech Co. Ltd., another of his companies.
Opay Digital Services Limited commonly called Opay, and formerly Paycom Nigeria Limited, is a fintech mobile money operating company founded by Zhou Yahui in 2013 with headquarters in Ikeja, Lagos State, Nigeria.
Meet the Owner of OPay in Nigeria OPay, one of Nigeria's leading fintech platforms, is owned by Chinese billionaire Zhou Yahui. He is the chairman of Opera Software, the parent company of OPay. Originally founded as Paycom Nigeria Limited in 2013, OPay was rebranded after Opera acquired it.
Otedola currently owns 17.01 percent of First Bank — its single largest shareholder since it was established in 1894. His first big break as a businessman was in the energy sector when he set up Zenon Oil, a diesel marketing company, in 2003.
TeamApt Inc. is now Moniepoint Inc.: here's why we're changing our name, and what's different. TeamApt was founded in 2015 with the aim of providing financial happiness by creating infrastructure and payment solutions for financial institutions and banks.
Adewale Yusuf is the Co-Founder of AltSchool Africa and the CEO of TalentQL Inc., two organizations at the forefront of transforming education and talent acquisition in Africa.
