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Moniepoint Bags Best SME Microfinance Bank, Largest Non-FI Acquirer in Africa & Most Outstanding Fintech

byJoy Ogbitse
November 26, 2025
in Business, Financial Markets
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The Nigerian fintech firm Moniepoint Inc. has added another set of accolades to its trophy cabinet, winning three major awards in quick succession: Best SME Microfinance Bank of the Year (at the BAFI Awards 2025), Largest Non-FI Acquirer in Africa (at Mastercard EDGE 2025 in Dubai), and Most Outstanding Fintech Company of the Year (at the BrandCom Awards 2025).

These three honours underline Moniepoint’s expanding influence as a fintech powerhouse, cementing its position as one of Africa’s most innovative financial services companies. The BAFI Award, which it clinched for the second year running, acknowledges Moniepoint’s commitment to empowering small and medium-sized enterprises (SMEs) by offering banking, payment, credit, and business management tools designed to scale. At the Mastercard EDGE Awards, a global forum for payments and commerce innovations, Moniepoint was named the Largest Non-FI Acquirer in Africa, reflecting its dominance in processing digital payments across the continent. Meanwhile, the BrandCom Award recognised Moniepoint as the “Most Outstanding Fintech Company of the Year,” highlighting its rapid growth, strong consumer and business engagement, and substantial contribution to financial inclusion across Africa.

Founded in 2015, Moniepoint has grown from a software provider for banks into an all-in-one financial ecosystem catering to over 10 million businesses and individuals across Nigeria and other African countries. The company now processes more than US$250 billion in digital transactions annually.According to the firm’s CEO, the awards serve as a motivation to deepen investments in technology, partnerships and customer-centric solutions. “We’ll continue to… empower millions of businesses and individuals with the financial tools they need to succeed in an increasingly digital economy”, he said.

Moniepoint’s latest wins reaffirm its leadership in bridging traditional finance and digital banking, a critical gap in Africa’s evolving economy. Its technology-driven infrastructure and embedded-finance offerings are helping reshape how SMEs and individuals access banking services, credit, and payment solutions across the continent. As Moniepoint continues to grow, its success story signals a broader shift in Africa’s financial landscape; one where fintech firms play a central role in driving financial inclusion, enabling commerce, and accelerating economic growth.By enabling secure, large-scale digital transactions and supporting SMEs, the backbone of Nigeria’s economy, Moniepoint fosters financial inclusion, boosts business liquidity, and reduces reliance on cash, a shift that could improve efficiency and transparency across commerce, banking, and tax systems, thereby strengthening overall economic growth.

Joy Ogbitse

Joy Ogbitse

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