A digital financial services solution launched by Moniepoint, allowing UK residents to send money directly to Nigerian bank accounts.
Moniepoint UK to issue sterling (GBP) accounts after EMI acquisition, starting December 2025
Moniepoint UK Ltd will issue GBP accounts using sort code 04-19-29. The sort code is connected to major UK payment rails, enabling Faster Payments, Direct Debits, and CHAPS.
Moniepoint raises $90 million to complete $200 million Series C round
Moniepoint raised an additional $90 million to complete its Series C funding round. The funding round was led by Development Partners International's African Development Partners III fund.
Moniepoint bets $7.39 million on London expansion in UK remittance push
Moniepoint has incurred $3.77 million in costs related to its London remittance operations since February 2024. The fintech allocated $7.39 million for its London expansion, spending nearly half of it so far.
