Once upon a time in Nigeria, banking was a headache.
Long queues.
Network failures.
Frustrated customers.
But two men decided to solve this problem.
In 2015, Tosin Eniolorunda and his team started a company called TeamApt.
At first, they built banking software for Nigerian banks. But then they noticed something — banks were not reaching ordinary people in the streets and small businesses.
So they created Moniepoint in 2019.
A simple idea:
Bring banking services to people through agents with POS machines.
Help small businesses accept payments.
Make it easier for Nigerians to send, receive, and withdraw money.
Today, Moniepoint is more than just POS.
It is a bank for businesses.
They give loans.
They provide business accounts.
They power millions of daily transactions.
In fact, Moniepoint processes over 400 million transactions monthly and has become one of the largest financial platforms in Africa.
From a small startup in Lagos to becoming the backbone of Nigeria’s payments system.
That’s the power of solving real problems.
Source:Lovinghananews.com
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