Development Partners International (DPI) reposted this
Congratulating our Development Partners International (DPI) team headed by Adefolarin Ogunsanya for finalizing ADP IV’s investment into Moniepoint. We look forward to working with Tosin Eniolorunda and his excellent management team.
Development Partners International (DPI) is proud to announce its investment in Moniepoint Group, leading the Company’s $110 million series C round. The new capital from DPI and Google, among other investors, will be used to accelerate Moniepoint’s growth across Africa, building an all-in-one, seamlessly integrated platform for African businesses of all sizes. Last year, Moniepoint was named as Africa’s fastest growing fintech for the second consecutive year by the Financial Times and each month processes over 800 million transactions, exceeding $17 billion in value. DPI has a long track record of supporting businesses like Moniepoint to achieve their next stage of scale and our investment will support Moniepoint to continue delivering impact by enabling financial inclusion. Read more about DPI’s investment and Moniepoint’s growth to date here: https://lnkd.in/eEfvqUyr.