Nigerian fintech powerhouse Moniepoint Incorporated has announced exceptional performance figures for the year 2025, showcasing its growing influence in the country’s payments and credit ecosystem.
Record Transaction Volume
Moniepoint’s microfinance banking arm, Moniepoint MFB, processed a whopping ₦412 trillion worth of transactions over the course of 2025, handling more than 14 billion individual transactions.
On average, this translates to approximately 1.67 billion transactions per month.
The fintech now powers about 80 % of in-person payments nationwide, underlining its dominant role in Nigeria’s retail payments space. The scale of activity reflects a rapid shift in how Nigerians transact, with digital and point-of-sale (POS) solutions increasingly replacing cash in everyday commerce.
Growth in Users and Usage
Moniepoint also saw significant growth in user engagement in 2025:
Its card user base grew by 200 %, with cards being used an average of 1.7 million times daily.
The company’s platforms processed more than 500,000 data renewals daily, a marker of deepening customer interaction.
₦1 Trillion+ in Loans to SMEs
Beyond payments, Moniepoint expanded its lending operations significantly:
Through its microfinance bank unit, the company disbursed over ₦1 trillion in loans in 2025.
These loans were largely directed at small and medium-sized enterprises (SMEs) including provision stores, supermarkets, and building materials traders many of which traditionally struggle to access credit from commercial banks.
Analysts say the fintech’s extensive payments data has enabled it to assess credit risk more effectively, allowing it to lend confidently to businesses often overlooked by traditional banking. According to one report, loans were disbursed to around 70,000 businesses, resulting in an average 36 % increase in transaction value for recipients, highlighting the tangible impact of the credit on business growth.
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Strategic Growth and Industry Impact
Moniepoint’s performance in 2025 underscores its transition from a backend payments technology provider to a comprehensive financial services platform. The company now serves over 6 million active businesses and provides banking services to more than 16 million individual users figures that highlight its deep penetration of the Nigerian market.
In addition:
Moniepoint raised more than $200 million in a Series C funding round, backed by investors including Google’s Africa Investment Fund, Visa, and the International Finance Corporation.
It secured licences enabling its subsidiaries to process international card payments.
The Central Bank of Nigeria (CBN) upgraded Moniepoint MFB’s licence to a national microfinance bank licence, broadening its operational footprint.
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What This Means for Nigeria’s Financial Sector
Moniepoint’s figures for 2025 highlight a broader trend
in Nigeria’s economy: fintech firms are increasingly central to financial inclusion, payments innovation, and SME financing. With traditional banks tightening credit amid risk-averse conditions, digital lenders like Moniepoint are stepping in to serve underserved markets.
As digital transactions continue to grow and SME credit remains a priority for economic development, Moniepoint’s 2025 performance signals both the opportunity and challenges ahead in Nigeria’s financial services landscape.
Image Credit: Nairametrics
Source: Nairametrics
