Announced

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Development Partners International led a $90m Series C round in Moniepoint.

Synopsis

Development Partners International, a pan-African private equity firm, led a $90m Series C round in Moniepoint, Africa's all-in-one financial ecosystem, providing payments, banking, and business management tools, with participation from the International Finance Corporation, Leapfrog Investments, Google’s Africa Investment Fund, and Visa. “We will not rest on our laurels. The proceeds from our landmark Series C will be deployed judiciously to generate even more momentum as we enter the next chapter of Moniepoint’s story — with financial happiness for Africans everywhere remaining our ultimate goal,” Tosin Eniolorunda, Moniepoint Co-Founder and CEO.

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