[1] In March 2019, Moniepoint announced funding of $5.5 million in a Series A fundraising from Quantum Capital Partners.

[3] In November 2019, Moniepoint received a switching license from the Central Bank of Nigeria.

[4][5] In 2021, the company announced an undisclosed capital in a Series B Funding round led by Novastar Ventures.

[6] In March 2023, Moniepoint led the $3 million seed investment round for Nigerian neobank Payday.

[11][10][12] In 2022, Moniepoint was named One of the Most Promising Fintech Startups by CB Insights[13] and also won the Financial Inclusion Award.