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Home Venture Capital

TeamApt, one of Africa’s top business banking platforms, has relaunched as Moniepoint

TechGist Africa by TechGist Africa
January 25, 2023
in Africa, Venture Capital
Reading Time: 2 mins read
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TeamApt a prominent commercial banking platform in Africa has relaunched as Moniepoint, the name of its flagship product, to better fit with a name that is already well-known and trusted by the company’s clientele.

The company was founded in 2015 to provide banks with products and financial infrastructures.

Also read: 2023 global climate prize seeks African organisations powering a fairer future

The Moniepoint team has been working hard to achieve its goal of becoming a Unicorn.

Leading institutional investors such as QED Investors, Novastar, Lightrock, BII, FMO, Global Ventures, Endeavour Catalyst, and New Voices Fund have invested in the company.

Tosin Eniolorunda, the co-founder and CEO of Moniepoint Inc., said the following in a statement that was released by the company: “Over the years, we have evolved tremendously, and our flagship business banking solution, Moniepoint, has become our key focus and where we envision the future.” Because our company is already familiar with the name Moniepoint, we feel that it more accurately represents our dedication to providing our clients with an all-in-one platform that they can use to gain access to banking services, payment methods, credit lines, and business management tools that will assist them in expanding their operations and achieving their goals.

Because of this rebranding, Moniepoint’s goals for the future are to extend the scope of its influence and assist businesses in expanding beyond the limits of their current capabilities.

Also read: Lack of climate adaptation investment could cost emerging markets hundreds of billions by 2030

The name of the company has been changed from TeamApt to Moniepoint to reflect the company’s aim to assist businesses in expanding by providing them with access to tools for business management, as well as digital payment and credit options.

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Source: TechGist Africa
Tags: africabanking platformsBIIbusiness bankingdigital paymentEndeavour Catalystfinancial infrastructuresFMOGlobal VenturesLightrockMoniepointNovastarQED InvestorsTeamAptTeamApt one of Africa’s top business banking platforms has relaunched as MoniepointTosin Eniolorundaventure capitalафрикаأفريقياアフリカ非洲
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TechGist Africa

TechGist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across.

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