Moniepoint disburses over ₦1 Trillion to Small Businesses in landmark credit push

Moniepoint Inc. has disbursed over ₦1 trillion in credit to thousands of micro, small and medium-scale enterprises, underscoring its growing role in expanding access to finance and driving grassroots economic growth.

The disclosure was contained in the company’s 2025 Year in Review, released as Moniepoint marked a decade of operations, with its microfinance bank emerging as a major lender to businesses traditionally excluded from conventional credit.

According to the report, the credit disbursements cut across a wide range of enterprises, from provision stores, supermarkets and building materials dealers to other informal and semi-formal businesses, with data showing that beneficiary businesses recorded average growth of more than 36 per cent after accessing funding.

Moniepoint said the scale of disbursement was achieved by deploying alternative credit assessment models, relying on transaction histories, payment behaviour and business patterns rather than traditional collateral-heavy scoring systems.

The approach, the company noted, has helped bridge long-standing gaps in financial inclusion.

Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint has grown into a full-stack financial ecosystem serving over six million active businesses across Nigeria, offering payments, banking, credit, foreign exchange and business management tools.

Speaking on the milestone, Eniolorunda said the company’s lending activities were central to its mission of powering Africa’s informal economy.

“What started as a passion to solve overlooked problems has evolved into a platform powering the dreams of millions,” he said, noting that 83 per cent of employment in Africa exists in the informal sector, making access to credit critical for shared prosperity.

Beyond credit, Moniepoint’s microfinance bank processed ₦412 trillion in transaction value across more than 14 billion transactions in 2025, while its broader ecosystem supported government intervention programmes, including a rice distribution initiative that reached nearly 850,000 beneficiaries.

As Moniepoint enters its second decade, the company said deepening credit access will remain a core priority, positioning its lending infrastructure as a key lever for small-business growth and Nigeria’s wider economic ambitions.