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Company: Moniepoint ranked as the fastest growing fintech in Africa

16/05/2024
Source : ORISHAS-FINANCE
Categories: Companies

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The company Moniepoint Inc has announced that it is ranked as the fastest growing fintech in Africa by Financial Times.

In its annual survey entitled “Africa's Fastest Growing Companies” published on Wednesday, the world's leading financial publication confirmed Moniepoint's recognition. Moniepoint's growth rates of 7.979% (absolute) and 332% (CAGR) put it ahead of hundreds of leading businesses in a variety of industries such as technology, telecommunications, financial services, and healthcare. Moniepoint has long been one of the largest business payment platforms in Africa, processing over $182 billion for customers in 2023. This recognition highlights Moniepoint's success as a fintech leader in Africa, promoting financial inclusion by empowering underserved businesses and individuals to access the formal financial system, thereby contributing to a key objective of

the Nigerian government.
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