Announced

Completed

Development Partners International led a $110m Series C round in Moniepoint.

Synopsis

Development Partners International, a private equity firm deploying global capital to unlock potential in Africa, led a $110m Series C round in Moniepoint, Africa’s fastest-growing fintech, with participation from Google’s Africa Investment Fund, Verod Capital and Lightrock. "Our mission is to help our customers solve their challenges by making our platform more innovative, transparent, and secure. The proceeds from this raise will speed up our efforts to drive financial inclusion and support Africa’s entrepreneurial potential. I want to sincerely thank the entire Moniepoint team for making this achievement possible," Tosin Eniolorunda, Moniepoint Founder and Group CEO.

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