In 2025, Moniepoint processed over ₦412 trillion in transaction value, handled more than 14 billion transactions, and disbursed ₦1 trillion+ in loans to small businesses. Those figures underline just how central fintech platforms have become to Nigeria’s retail payments and credit ecosystem—especially as traditional bank lending tightens.

With an estimated 80% share of in-person payments, Moniepoint’s scale reflects a structural shift in how commerce works across Nigeria. From neighbourhood shops to open markets, point-of-sale terminals and digital transfers are now the backbone of everyday trade.

What stands out is not just volume, but reach. Fintech-led acquiring has grown faster than bank infrastructure, particularly across informal and semi-formal retail segments where speed, reliability, and access matter more than legacy processes.

Founded in 2015, Moniepoint’s evolution—from a backend technology provider to Nigeria’s largest merchant acquirer—signals how payments data is increasingly shaping access to adjacent services. By analysing transaction flows and business behaviour, the company has expanded credit to millions of businesses traditionally excluded from bank financing.

Its ability to pair payments, lending, FX, and business tools—serving over 6 million active businesses—shows how scale in payments is translating into broader financial inclusion.

As Nigeria accelerates payment digitalisation, Moniepoint’s rise highlights two realities:
fintech operators are now systemically important, and non-bank players are reshaping the country’s financial infrastructure in real time.

At Intermarc Consulting, we track these shifts closely—where data, payments, and policy intersect to redefine Africa’s financial systems.

#Payments #Fintech #Nigeria #DigitalEconomy #RetailPayments #FinancialInclusion #Intermarc