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A Kenyan microfinance bank that Moniepoint is acquiring a majority stake in.
News published about Sumac

Moniepoint raises additional $90 million in latest funding round
Bendada.com - Oct 21, 2025
Moniepoint raised an additional $90 million to support its African expansion plans. The funding round values Moniepoint at over $1 billion.

Moniepoint raises $90 million to complete $200 million Series C round
TechCabal - Oct 21, 2025
Trended
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.
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