TeamApt, an African banking platform has relaunched as Moniepoint


TeamApt a prominent commercial banking platform in Africa has relaunched as Moniepoint, the name of its flagship product, to better fit with a name that is already well-known and trusted by the company’s clientele. 

The company was founded in 2015 to provide banks with products and financial infrastructures. 

The Moniepoint team has been working hard to achieve its goal of becoming a Unicorn. 

Leading institutional investors such as QED Investors, Novastar, Lightrock, BII, FMO, Global Ventures, Endeavour Catalyst, and New Voices Fund have invested in the company. 

Tosin Eniolorunda, the co-founder and CEO of Moniepoint Inc., said the following in a statement that was released by the company: “Over the years, we have evolved tremendously, and our flagship business banking solution, Moniepoint, has become our key focus and where we envision the future.” Because our company is already familiar with the name Moniepoint, we feel that it more accurately represents our dedication to providing our clients with an all-in-one platform that they can use to gain access to banking services, payment methods, credit lines, and business management tools that will assist them in expanding their operations and achieving their goals. 

Because of this rebranding, Moniepoint’s goals for the future are to extend the scope of its influence and assist businesses in expanding beyond the limits of their current capabilities. 

The name of the company has been changed from TeamApt to Moniepoint to reflect the company’s aim to assist businesses in expanding by providing them with access to tools for business management, as well as digital payment and credit options.


Read more on Tech Gist Africa:

TeamApt, a Nigerian fintech startup, has raised an undisclosed Series B round of funding

Tech division of Saudi NEOM rebrands and invests $1 billion in 2022

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