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UBA has launched 46,000 smart PoS terminals in Nigeria under its new RedPay brand, in a strategic move to reclaim market share from dominant fintechs like Moniepoint, OPay, and PalmPay.
“We are using pricing as a pull factor. We want people to try the product because it’s affordable and stay because it works,” said Moniepoint’s CEO, Tosin Eniolorunda
This new offering is currently in an invite-only beta stage and precedes a planned public launch
Development Partners International (DPI) led the $110 million Series C funding round for Moniepoint.
You know how we are always complaining about how you’re never able to catch a break as an adult?
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
In this article, I examine TeamApt's evolution and draw parallels for how tech companies and startups typically operate.
Moniepoint is poised to empower Nigerians to manage, protect, and grow their businesses.
In this first chapter of Zero to Scale, Tolu gives us a peek behind the scenes of the early days at TeamApt and how the team hacked distribution to achieve scale.
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