Moniepoint Inc., one of Africa’s fastest-growing digital financial institutions, has raised over $200 million in Series C equity funding, reaffirming global investor confidence in Africa’s fintech-driven inclusion story.
The funding round, led by Development Partners International’s African Development (ADP) III fund, with participation from LeapFrog Investments, Google’s Africa Investment Fund, Visa, IFC, Proparco, Swedfund, and Verod Capital, positions Moniepoint for its next phase of growth – one anchored on deepening access to financial services for millions of underserved individuals and microbusinesses across the continent.
Investor Relations Meets Inclusive GrowthAt StakeBridge IRPR Consulting, we view this development as a testament to how strategic investor relations and communication continue to shape confidence in African enterprises. Moniepoint’s success demonstrates the power of transparent reporting, strong governance, and a clear growth narrative in attracting global capital – qualities that now define leading Nigerian and African companies seeking expansion funding.
According to Mr. Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., the raise represents more than a financial milestone.
“We founded the company out of a genuine passion to widen financial inclusion and to help African entrepreneurs realise their potential,” he said. “This round will fuel our next chapter, with financial happiness for Africans everywhere remaining our ultimate goal.”
Empowering MSMEs and Building Trust Through Communication
For development investors like DPI and LeapFrog, Moniepoint’s growth underscores how strategic communication and impact measurement can amplify the appeal of inclusive finance.
Adefolarin Ogunsanya, Partner at DPI, described Moniepoint as a “powerful combination of commercial success and social impact,” while Karima Ola of LeapFrog Investments highlighted its vital role in empowering MSMEs – the heartbeat of Africa’s economies.
Their comments point to a broader shift: investors are increasingly rewarding businesses that merge profit with purpose, and effective communication remains the bridge between both worlds.
Shaping a Narrative of Trust and Impact
Moniepoint’s investor narrative – blending profitability at scale with measurable social inclusion – is the kind of story StakeBridge IRPR champions. It reflects a communication model that not only drives investor trust but also enhances brand equity across markets.
For policy leaders and businesses, the $200 million Series C raise also reinforces Africa’s positioning as a frontier for inclusive finance and impact-driven investment. It proves that when African firms clearly communicate their vision, governance, and measurable outcomes, global investors listen — and invest.
About StakeBridge IRPR Consulting Limited
StakeBridge IRPR is a public relations and investor relations consulting firm dedicated to helping organizations strengthen stakeholder confidence, attract investment, and communicate value through data-driven storytelling. Learn more at stakebridgeirpr.com/consulting.
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