Uploaded March 2025 | Updated September 2026, 1 week ago
BII invests in various businesses with a view to making life better for people in the communities we support. In many cases this results in innovations which change the way people live. In our series 'Innovations changing the world' we are going to share some with you.
The first video in our series looks at Moniepoint Group. Cashless transactions are on the rise in Nigeria. To keep up with this trend, small businesses need access to digital financial services so they can accept card payments and access online banking.
This is where Moniepoint comes in. Moniepoint is a start-up providing an all-in-one payments, banking and operations platform. Its blue payment machines have become ubiquitous across Nigeria. To date, 2.5 million businesses have completed 55 million transactions. Today, Moniepoint is Africa’s fastest-growing fintech and has been ranked by the FT as one of Africa’s fastest-growing companies over the past two years.
In this video, Chirantan Patnaik, Director of our Venture Capital team, tells us more about the impact the business is having.
To learn more, you can hear from Joy, a shop owner and Moniepoint customer: bii.co.uk/en/story/moniepoint
BII invests in various businesses with a view to making life better for people in the communities we support. In many cases this results in innovations which change the way people live. In our series 'Innovations changing the world' we are going to share some with you.
The first video in our series looks at Moniepoint Group. Cashless transactions are on the rise in Nigeria. To keep up with this trend, small businesses need access to digital financial services so they can accept card payments and access online banking.
This is where Moniepoint comes in. Moniepoint is a start-up providing an all-in-one payments, banking and operations platform. Its blue payment machines have become ubiquitous across Nigeria. To date, 2.5 million businesses have completed 55 million transactions. Today, Moniepoint is Africa’s fastest-growing fintech and has been ranked by the FT as one of Africa’s fastest-growing companies over the past two years.
In this video, Chirantan Patnaik, Director of our Venture Capital team, tells us more about the impact the business is having.
To learn more, you can hear from Joy, a shop owner and Moniepoint customer: bii.co.uk/en/story/moniepoint
