Moniepoint Microfinance Bank is the definitive bank for small and medium-sized businesses in Nigeria and is regulated by the Central Bank of Nigeria (CBN). Moniepoint MFB was also awarded by the CBN in 2022 as the most inclusive payment platform in the country.
Moniepoint MFB received its license in February 2022 and helps over 600,000 businesses with banking, payments processing, access to loans and business management tools. With these solutions, businesses on the moniepoint platform process about 7 trillion Naira monthly.
Moniepoint MFB operates the largest distribution network for financial services in Nigeria, and over 21 million people use their cards on our POS terminals monthly across every local government in Nigeria.
We’re headquartered in Oyo, with support offices in 33 states and thousands of business relationship managers directly assigned to each business owner. This demonstrates our commitment to ensuring that businesses on the Moniepoint platform get access to all the help they need to grow their business.
Moniepoint Microfinance Bank is run by a team of veteran bankers and technologists working to provide the most seamless and secure experience for all the businesses on our platform.