Tag: Moniepoint
Nigeria’s Moniepoint enters Kenya with 78% stake in Sumac microfinance
Moniepoint Inc., a Nigerian business-banking unicorn, has completed its acquisition of a 78% stake in Kenya’s Sumac Microfinance Bank, ending a multi-year effort by the Nigerian fintech to secure a foothold in East Africa’s largest economy. The deal was finalised on Thursday as executives gathered for a reception in Nairobi’s Westlands area. It provides Moniepoint
Moniepoint partners with AfriGO to introduce five million contactless cards
Nigerian fintech unicorn Moniepoint has partnered with AfriGO, the national domestic card scheme, to roll out five million contactless payment cards and tap-to-pay solutions across Nigeria. The move aligns with Nigeria’s ongoing shift toward contactless payments. The partnership could drive widespread adoption of contactless payment in Nigeria considering Moniepoint’s wide distribution network across the country.
Moniepoint Raises Funding from Visa to Accelerate Financial Inclusion for African SMEs
Moniepoint, a Nigerian business payments and banking services platform, has secured an investment from Visa to advance financial inclusion and shaping the future of digital payments while fostering SME growth across Africa. Visa joins other notable investors including Development Partners International, Google’s Africa Investment Fund, Verod Capital, Lightrock, QED Investors, Novastar Ventures, British International Investment
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Technology
These Types Of Vehicles Typically Depreciate Faster Than Others
Every gearhead has been in this situation. You're surfing through eBay Motors or Facebook Marketplace looking for cars, either just for fun or because you want a new project, and you see it: a European luxury car like a Mercedes S-Class, a BMW 7 Series, or something wild like a Maserati. The price is really
Inside
Roundtables: Inside the Musk v. Altman Trial
Watch subscriber-only discussion going behind the scenes of the trial and the implications for the AI race. Available only for MIT Alumni and subscribers. Listen to the session or watch below Elon Musk lost his suit against OpenAI, in which he alleged CEO Sam Altman and President Greg Brockman had deceived him over the company’s
Interview
Interview: How Volvo built software for a two-and-a-half-tonne moving object
Anders Bell points to his grey hair and laughs. “Three years ago, it was still blond and curly,” says Volvo’s chief engineering and technology officer. The remark is more than self-deprecating. It captures what Volvo has been through: five years of building a software-defined vehicle (SDV) from scratch, as a traditional carmaker, with no blueprint
Entertainment
‘Summer House’ Reunion Trailer Bombshells and More Us Weekly Top Stories
Getty Images(3) Here’s a rundown of Us Weekly‘s top stories making headlines in celebrity news, sports and entertainment on May 19, 2026. Here are key takeaways: • Dramatic reunion: Ciara Miller slammed Amanda Batula and West Wilson in the newly released Summer House season 10 reunion trailer, accusing West of dating Amanda “to spite” her.
Abortion
Abortion bans lead to worse outcomes for miscarriages
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