LONDON--(BUSINESS WIRE)--May 15, 2025--
Moniepoint Inc. (“the Company” or “Moniepoint”), announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent's leading financial institutions for Africans, everywhere.
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The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. In a market where few companies successfully balance size with agility, Moniepoint distinguishes itself by maintaining operational efficiency while accelerating its expansion across the continent.
The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released on 14 May, 2025.
The survey was compiled by Statista, a leading research company renowned for its insight into African companies’ actual performance, in a rigorous screening process. Companies were ranked on 2020-2023 data for their (i) absolute growth rate of revenues and (ii) compound annual growth rate (CAGR).
Moniepoint’s growth rates ranked it ahead of hundreds of leading companies from diverse industries such as technology, telecoms, financial services, and healthcare. This achievement is amplified by Moniepoint’s considerable revenue for 2023 (US$264.51 million), unmatched by peers in the ranking’s top 25.
Moniepoint is one of Africa’s leading business payments and personal banking servicing platforms, processing 1 billion+ transactions monthly, with total monthly payments volume of over US$22 billion, serving ten million businesses and individuals across Nigeria.
The accolade for actual performance highlights Moniepoint’s continued success as Africa’s leading fintech. It follows investor endorsement in October’s US$110 million Series C fundraise - and subsequent investment from global digital payments leader, Visa.
Tosin Eniolorunda, Group CEO of Moniepoint Inc., said:
“We are delighted to achieve the very highest of rankings, for the third consecutive year, in the world’s leading financial publication – the Financial Times. We like to let statistics speak for themselves and accolades do not come much higher. Maintaining such rapid growth is only possible due to the hard work of the entire Moniepoint team – and I thank them all for their continued dedication.
“We are very excited about 2025. We continue to innovate and develop new products to support financial inclusion and drive financial happiness - both in Africa and for consumers in the global diaspora.”
The ranking follows last month’s launch by Moniepoint of its first product ( MonieWorld) that serves clients outside Africa. Designed to meet the underserved needs of the UK’s African diaspora, MonieWorld is a remittance and digital financial services solution allowing UK customers to send money to Nigeria seamlessly.
Notes to Editors
About Moniepoint
Moniepoint Inc. is Africa’s all-in-one financial ecosystem, helping 10 million businesses and individuals access seamless payments, banking, credit, and business management tools since 2019. As Nigeria’s largest merchant acquirer, it powers most of the country’s Point of Sale (POS) transactions. Through its subsidiaries, Moniepoint Inc. processes $22 billion monthly for its customers while operating profitably.
For more information, please visit https://moniepoint.com/
MonieWorld is a trading name of Moniepoint GB, which is a distributor of PayrNet Limited, a company registered in England and Wales with company number 09883437. PayrNet Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FCA reference 900594) for the issuing of electronic money and payment services. Moniepoint GB Limited, Reg No. 5500471, Registered Office: 22 Upper Ground, Floor 8, London SE1 9PD.
Moniepoint's POS terminals are ubiquitous across Nigeria
ORCHARD PARK, N.Y. (AP) — Buffalo Bills fans arrived early and lingered long after the game ended to bid what could be farewell to their long-time home stadium filled with 53 years of memories — and often piles of snow.
After singing along together to The Killers' “Mr. Brightside” in the closing minutes of a 35-8 victory against the New York Jets, most everyone in the crowd of 70,944 remained in their seats to bask in the glow of fireworks as Louis Armstrong's "What A Wonderful World” played over the stadium speakers.
Several players stopped in the end zone to watch a retrospective video, with the Buffalo-based Goo Goo Dolls’ “Iris” as the soundtrack while fans recorded selfie videos of the celebratory scene. Offensive lineman Alec Anderson even jumped into the crowd to pose for pictures before leaving the field.
With the Bills (12-5), the AFC's 6th seed, opening the playoffs at Jacksonville in the wild-card round next week, there's but a slim chance they'll play at their old home again. Next season, Buffalo is set to move into its new $1.2 billion facility being built across the street.
The farewell game evoked “a lifetime of memories,” said Therese Forton-Barnes, selected the team’s Fan of the Year, before the Bills kicked of their regular-season finale. “In our culture that we know and love, we can bond together from that experience. Our love for this team, our love for this city, have branched from those roots.”
Forton-Barnes, a past president of the Greater Buffalo Sports Hall of Fame, attended Bills games as a child at the old War Memorial Stadium in downtown Buffalo, colloquially known as “The Rockpile.” She has been a season ticket holder since Jim Kelly joined the Bills in 1986 at what was then Rich Stadium, later renamed for the team’s founding owner Ralph Wilson, and then corporate sponsors New Era and Highmark.
“I’ve been to over 350 games,” she said. “Today we’re here to cherish and celebrate the past, present and future. We have so many memories that you can’t erase at Rich Stadium, The Ralph, and now Highmark. Forever we will hold these memories when we move across the street.”
There was a celebratory mood to the day, with fans arriving early. Cars lined Abbott Road some 90 minutes before the stadium lots opened for a game the Bills rested most of their starters, with a brisk wind blowing in off of nearby Lake Erie and with temperatures dipping into the low 20s.
And most were in their seats when Bills owner Terry Pegula thanked fans and stadium workers in a pregame address.
With Buffalo leading 21-0 at halftime, many fans stayed in their seats as Kelly and fellow Pro Football Hall of Famer Andre Reed addressed them from the field, and the team played a video message from 100-year-old Hall of Fame coach Marv Levy.
“The fans have been unbelievable,” said Jack Hofstetter, a ticket-taker since the stadium opened in 1973 who was presented with Super Bowl tickets before Sunday’s game by Highmark Blue Cross Blue Shield. “I was a kid making 8 bucks a game back in those days. I got to see all the sports, ushering in the stadium and taking tickets later on. All the memories, it’s been fantastic.”
Bud Light commemorated the stadium finale and Bills fan culture with the release of a special-edition beer brewed with melted snow shoveled out of the stadium earlier this season.
In what has become a winter tradition at the stadium, fans were hired to clear the stands after a lake-effect storm dropped more than a foot of snow on the region this week.
The few remaining shovelers were still present clearing the pathways and end zone stands of snow some five hours before kickoff. The new stadium won’t require as many shovelers, with the field heated and with more than two-thirds of the 60,000-plus seats covered by a curved roof overhang.
Fears of fans rushing the field were abated with large contingent of security personnel and backed by New York State troopers began lining the field during the final 2-minute warning.
Fans stayed in the stands, singing along to the music, with many lingering to take one last glimpse inside the stadium where the scoreboard broadcast one last message:
“Thank You, Bills Mafia.”
AP Sports Writer John Wawrow contributed.
AP NFL: https://apnews.com/hub/nfl
Fans watch a ceremony after the Buffalo Bills beat the New York Jets in the Bills' final regular-season NFL football home game in Highmark Stadium Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Adrian Kraus)
Buffalo Bills cornerback Tre'Davious White (27) remains on the field to watch a tribute video after the Bills beat the New York Jets in the Bills' final regular-season NFL football home game in Highmark Stadium Sunday, Jan. 4, 2026, in Orchard Park, N.Y.(AP Photo/Adrian Kraus)
Fans watch a ceremony after the Buffalo Bills beat the New York Jets in the Bills' final regular-season NFL football home game in Highmark Stadium Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Adrian Kraus)
Fans celebrate after the Buffalo Bills scored a touchdown during the first half of an NFL football game against the New York Jets, Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Carolyn Kaster)
Fans celebrate and throw snow in the stands after an NFL football game between the Buffalo Bills and the New York Jets, Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Carolyn Kaster)
Aga Deters, right, and her husband Fred Deters, walk near Highmark Stadium before an NFL football game between the Buffalo Bills and the New York Jets, Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Carolyn Kaster)
Michael Wygant shoves snow from a tunnel before an NFL football game between the Buffalo Bills and the New York Jets at Highmark Stadium, Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Carolyn Kaster)
Buffalo Bills offensive tackle Alec Anderson (70) spikes the ball after running back Ty Johnson scored a touchdown against the New York Jets in the first half of an NFL football game Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Seth Wenig)
FILE - The existing Highmark Stadium, foreground, frames the construction on the new Highmark Stadium, upper right, which is scheduled to open with the 2026 season, shown before an NFL football game between the Buffalo Bills and the New England Patriots, Oct. 5, 2025, in Orchard Park, N.Y. (AP Photo/Gene J. Puskar, File)
Salt crew member Jim Earl sprinkles salt in the upper deck before an NFL football game between the Buffalo Bills and the New York Jets at Highmark Stadium, Sunday, Jan. 4, 2026, in Orchard Park, N.Y. (AP Photo/Carolyn Kaster)
