Report: Moniepoint says it handled 80% of Nigeria’s in-person payments in 2025
Moniepoint says it processed 8 in 10 in-person payments in Nigeria, ₦412 trillion and more than 14 billion transactions in 2025.
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Moniepoint has stated that 8 out of 10 in-person transactions were processed by the company. This is according to data from its 2025 Year in Review.<br />
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The milestone comes as Moniepoint, which began a decade ago as a back-end technology provider for banks, acquires a national microfinance bank license in Nigeria, positioning it as an all-in-one financial platform serving millions of businesses and individuals nationwide.<br />
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Moniepoint’s scale is tied to its role as Nigeria’s largest merchant acquirer, powering most of the country’s point-of-sale transactions. Through its subsidiaries, the company processes more than $250 billion in annual digital payment transaction value. <br />
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The report shows Moniepoint processed ₦412 trillion and more than 14 billion transactions in 2025, while serving over 6 million businesses and banking more than 16 million individuals. <br />
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Its credit operations are also closely tied to merchant activity, with over ₦1 trillion disbursed to small businesses and borrowers recording a 36% increase in transaction value after receiving loans. These figures suggest that the company’s payments infrastructure not only facilitates transactions but also contributes to business growth and liquidity for small enterprises.<br />
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Moniepoint’s bet on physical commerce is complemented by efforts to deepen financial relationships with the same merchants. In 2025, it launched Moniebook, a platform that combines payments and bookkeeping, positioning itself not only as a payments provider but as a business management partner.<br />
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While in-person payments are central at home, the company is also extending its ecosystem beyond Nigeria. Its UK-based remittance product, MonieWorld, targets Nigerians in the diaspora sending money to people and businesses locally, effectively linking cross-border flows to the same domestic merchant economy where it is strongest. The service has grown largely through word-of-mouth within UK Nigerian communities<br />
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Investor confidence appears to mirror this gr...
