Moniepoint Group
Moniepoint Group is a Nigerian financial services company that processes $22 billion monthly through payments, banking, and credit tools for 10 million businesses and individuals. It is Nigeria’s largest merchant acquirer, handling most of the country’s POS transactions.
The growth story
Moniepoint Group grew from 1,215 to 5,672 employees between 2022 and 2026, raising $323M along the way, most recently a Series C in October 2025.
About
Moniepoint provides financial services tools, including payments, banking, and credit, primarily to businesses in Nigeria. Its platform supports business management and transaction processing, making it a key player in the country’s financial ecosystem.
The company, founded in 2015, has grown rapidly, processing $22 billion monthly and operating profitably. It has raised $323 million, most recently in a Series C round in October 2025, and employs over 5,600 people globally.
Founders and leadership
Moniepoint is led by a distributed team with a strong engineering focus, employing 190 engineers. The company operates fully remotely, with offices in London, the US, Nairobi, and Lagos.
The Moniepoint Group org chart
Tosin Eniolorunda (Chief Executive Officer) leads 59 mapped leaders with 6 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Sales 1,630 (+6% YoY), Finance 892 (+10% YoY), Customer Success and Support 765 (+7% YoY), Engineering 538 (+25% YoY), Information Technology 374 (+19% YoY), Operations 198 (+21% YoY).
Talent flow
Moniepoint’s workforce is heavily sourced from Nigerian financial institutions, including Interswitch and UBA. Alumni often move to fintech companies like Flutterwave and Interswitch, as well as tech giants like Microsoft and Google.
Most common previous employers of Moniepoint Group staff: Interswitch (33), UBA (27), Bancor S.A (Access Bank Rwanda Ltd) (24), First Bank of Nigeria (20), Union Bank of Nigeria (17), Decagon (16). Former Moniepoint Group employees most often moved to Flutterwave (5), Bancor S.A (Access Bank Rwanda Ltd) (5), Interswitch (5), Microsoft (4), Meta (4), Google (4).
Alumni worth knowing
The Moniepoint Group mafia
Moniepoint alumni have founded 30 companies, including Teamapt, Anchor (YC S22), and Waza (YC W23), which collectively employ over 150 people.
32Dennis Ajalie, was Chief Business Development Officer until 2023Olamide Sobowale, was Full Stack Software Engineer - Monnify until 2019Emmanuel Igbodudu, was Technical Product Manager until 2019Chibuike Maduekwe, was Full Stack Engineer until 2020Anthony Agbafune, was Software Engineer until 2022Bashir Aminu, was Product Designer until 2019
Christopher Obasi, was Software Engineer until 2022
Agwuncha Chike, was Program Manager - Cash Management until 2025
Nicholson Aleke, was Business Development Manager until 2019
Julian Duru, was Principal Software Engineer until 2025
Gladys Israel, was Customer Success Executive until 2022
Martins Adedotun, was Business Development Manager until 2022
Jamiu Ozigi, was Senior Product Manager until 2025
Ore Adetunji, was UX Designer until 2018
Qadeer Khan, was Technical Product Manager until 2024
Philip Ese, was Business Lead until 2022
Michael Olaitan, was VP POS Channel until 2024
Abayomi Popoola, was Software Engineer until 2016
Chibuikem Oyudo, was Enterprise Architect until 2020
Oludele Dare, was Head of Product, Warehousing until 2025
Amber Yadav, was SVP, Business Lead until 2026
Onyinyechi Chinedu [Your Rockstar EA], was Executive Assistant until 2025
Idongesit Eyibo, was Senior Product Manager until 2024
Omoadoni Seun-Babayemi (ACCA), was Sales and Partnerships until 2026
Kehinde Ojeola, was Senior Software Developer until 2024
Gbemi Lolade Adekanmbi, was Communications & Brand (Employer Branding Lead) until 2025
Adetunji Muideen, was Lagos state coordinator (Moniepoint) until 2022
Damilola Ojo, was Senior Product Manager until 2024
Steve Onyeneke, was Contract Software Engineer until 2019
Kennedy Odoh, was Business Banking Relationship Manager until 2025
Justice Mba, was Front-end Developer until 2015Hiring now
Web traffic
Traffic mix: 69% direct, 16% search, 4% social, 1% paid.
What this company is made of
Most common skills at Moniepoint Group: Communication (1,620), Customer Service (1,499), Microsoft Office (1,265), Analytical Skills (1,107), Customer Relationship Management (CRM) (1,104), Problem Solving (1,039), Microsoft Excel (992), Teamwork (966).
Where the team actually sits
Moniepoint Group people are concentrated in Lagos State, Nigeria (259), Nigeria (115), Punjab, Pakistan (27), Federal Capital Territory, Nigeria (24).
Search footprint
Moniepoint Group attracts about 228 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 21 ranking keywords and lost 20 in the last period.
What employees say
- Compensation
- 3.80 / 5
- Career opportunities
- 3.80 / 5
- Senior management
- 3.50 / 5
- Work-life balance
- 3.20 / 5
Frequently asked
Moniepoint Group has 5,672 employees as of September 2026.
Moniepoint Group has raised $323M in total, most recently a Series C round in October 2025.
Tosin Eniolorunda (Chief Executive Officer) sits at the top of Moniepoint Group's reporting structure, with 6 direct reports.
The most common previous employers of current Moniepoint Group staff are Interswitch (33 people), UBA (27 people), Bancor S.A (Access Bank Rwanda Ltd) (24 people).
Former Moniepoint Group employees most often move to Flutterwave (5), Bancor S.A (Access Bank Rwanda Ltd) (5), Interswitch (5).
At least 30 companies have a founder who previously worked at Moniepoint Group, including Teamapt, Anchor (YC S22), Waza (YC W23).
Moniepoint Group attracts about 228 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Moniepoint Group staff are Communication, Customer Service, Microsoft Office, Analytical Skills, Customer Relationship Management (CRM).
Moniepoint Group staff are concentrated in Lagos State, Nigeria (259), Nigeria (115), Punjab, Pakistan (27).
Moniepoint Group has about 1,630 people in Sales, up 6% over the past year, as of September 2026.
Moniepoint Group has about 892 people in Finance, up 10% over the past year, as of September 2026.
Computed from 592 current and 678 former Moniepoint Group profiles, as of September 2026. Source: Crustdata.
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