Fintech Moniepoint Gains $10m Visa Investment

Visa Invests Over $10 Million in African Fintech Moniepoint

• Visa has invested over $10 million in Moniepoint.
• The Series C funding round for Moniepoint now exceeds $120 million.
• Moniepoint provides banking, credit, and payment services in Africa.
• The investment supports financial inclusion and SME growth across the continent.
• Moniepoint processes over 1 billion transactions monthly.

Visa’s investment of over $10 million contributes to Moniepoint’s Series C funding round, which now surpasses $120 million. This aims to enhance financial inclusion and support small and medium enterprises (SMEs) in Africa.