Moniepoint的中小企业银行押注：自力更生4年，盈利，然后成为10亿美元以上的独角兽

做的是什么生意

A business banking platform for Nigerian SMEs: merchant acquiring on POS terminals, payments, working capital loans, expense cards, accounting tools and insurance, plus a microfinance bank subsidiary.

启动资金：Bootstrapped for four years before a 2019 venture round; over $180 million raised by the October 2024 Series C, which later closed at over $200 million.

起因

Tosin Eniolorunda founded TeamApt in 2015 to provide payment infrastructure and software for banks. The company bootstrapped for four years before its first venture round in 2019, then launched Moniepoint for agency banking and Monnify for payments, and pivoted to serving small and medium businesses directly.

经过

By 2022 Moniepoint served 400,000 SMEs with a $100 billion annualized transaction value and passed $100 million in annualized revenue while remaining profitable; QED Investors made its first African investment in an over-$50 million round. In January 2023 TeamApt rebranded as Moniepoint with 600,000+ businesses, over $170 billion in annual payments volume, revenue up 146% in 2022, and over $1.4 billion in working capital loans disbursed at a default rate under 0.1%. In October 2024 it raised a $110 million Series C led by DPI's African Development Partners III, with Google's Africa Investment Fund, at a valuation over $1 billion, processing over $17 billion in monthly transactions.

结果

The Series C closed at over $200 million in October 2025, with LeapFrog, Visa, IFC and Proparco joining. In June 2025 Kenya's competition authority approved Moniepoint's proposed 78% acquisition of Sumac Microfinance Bank; the deal was completed by April 2026, giving Moniepoint its first major market outside Nigeria, alongside a UK remittance product called MonieWorld.

可借鉴之处

先盈利后扩张，这让Moniepoint的10亿美元轮次变得可信：它先建立了真实的单位经济模型，因此独角兽估值紧随业务而来，而不是先于业务。