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Tag: moniepoint

Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game?
  • Technology

Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game?

Admin1 year ago09 mins

When Visa invested in Nigerian fintech Moniepoint earlier this year, it didn’t just validate the newly minted unicorn — it signaled a bold new direction. As part of that deal, the Nigerian fintech best known for building one of Africa’s largest business banking platforms, hinted at plans to integrate with Visa Direct, a move that…

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#How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit
  • Technology

#How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

Admin1 year ago07 mins

At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its…

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