Moniepoint, one of Africa’s foremost business payments and digital banking platforms, has been recognized by CNBC and Statista as one of the world’s top 300 fintech companies. This recognition underscores Moniepoint’s pivotal role in expanding access to financial services across the continent.
This prestigious ranking by CNBC spans seven fintech market segments, honoring established and emerging players. The list was curated through in-depth research, evaluating key metrics such as revenue growth, transaction volume, capital raised, and workforce size to identify the fintechs driving global innovation and impact.
Moniepoint was named in the Payments category, which comprises companies providing payment services, gateways, and solutions that enable transactions between businesses and individuals—online and offline.
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The fintech was placed alongside a distinguished group of industry leaders such as MyFawry, Interswitch, Mastercard, and Palmpay, recognized for strong financial performance in 2023 and 2024. Notably, Moniepoint’s recent accolade follows the company’s milestones and commitment to innovation and widening access to the formal financial system.
Speaking on the recognition, Tosin Eniolorunda, Group CEO of Moniepoint Inc., said,
“It is an honour to be named as one of the world’s top fintech companies by CNBC. Moniepoint’s inclusion in this prestigious, authoritative list is a testament to the hard work and success of the entire team and highlights our emergence as a key player shaping the future of fintech worldwide. As we continue to scale, we remain committed to driving global financial inclusion and widening access to economic opportunities for Africans everywhere transforming lives and livelihoods.”
Moniepoint’s recent recognition by CNBC among the world’s top fintech companies comes after it was recognized by TIME, among the 100 Most Influential Companies list for 2025 last month. The debut on the prestigious list underscores the fintech growing influence in advancing financial inclusion and powering small businesses across the continent.
This CNBC recognition adds to a string of recent accolades for the company:
- It has been featured for three consecutive years by the Financial Times as one of Africa’s fastest-growing companies.
- It was also included in the CB Insights Fintech 100 list, showcasing the most promising private fintechs globally.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint (formerly TeamApt Inc.) has become a transformative force in Africa’s financial ecosystem. By offering a comprehensive suite of digital banking, credit, payments, and business tools, the company serves over 10 million customers and processes more than one billion transactions monthly, with volumes exceeding $22 billion. Its POS terminals are ubiquitous, handling the majority of Nigeria’s POS transactions with a low transaction decline rate and instant reversals for failed payments, making it a preferred choice for merchants.
CNBC’s global fintech list aims to spotlight the top players in the rapidly evolving fintech industry, offering insights for readers, investors, and stakeholders into the companies that are redefining financial services across banking, digital assets, payments, and beyond. Moniepoint’s inclusion reinforces its stature as a trailblazer in fintech innovation, both in Africa and globally.