Moniepoint Disburses Over N1tn Credit to SMEs, Processes N412tn Transactions
Moniepoint deepened its footprint in Nigeria’s real economy in 2025, disbursing more than N1 trillion in credit to small and medium-scale enterprises, as the fintech expanded data-driven lending to businesses largely excluded from traditional banking channels.
The company said the milestone underscores growing momentum in financial inclusion, particularly across the informal sector, where access to formal credit has historically remained limited. Through its microfinance banking arm, Moniepoint extended loans using alternative risk assessment tools built on transaction histories and payment behaviour, rather than conventional collateral-heavy credit models.
Operational scale also surged. Moniepoint processed about N412 trillion in transaction value and handled more than 14 billion transactions during the year, cementing its position as the country’s largest merchant acquirer and powering roughly 80 per cent of in-person payments nationwide.
According to its 2025 Year in Review report, businesses that accessed its credit facilities recorded average growth of 36 per cent, a performance indicator analysts say highlights the multiplier effect of improved liquidity for micro, small and medium enterprises.
Its platform now serves over six million active businesses, spanning neighbourhood provision shops, supermarkets, and building materials dealers, sectors that form the backbone of Nigeria’s domestic trade but often operate outside formal credit systems.
Industry observers note that Moniepoint’s model directly addresses the structural credit gap left by many commercial banks, which tend to concentrate lending on corporate and government securities. By anchoring lending decisions on real-time transaction data, the fintech has been able to price risk more dynamically and scale credit to merchants previously considered unbankable.
Growth has been underpinned by strong investor backing, including a $200 million Series C funding round led by Development Partners International, alongside Google’s Africa Investment Fund, Visa and the International Finance Corporation, providing capital to expand lending capacity and infrastructure.
