TeamApt, now known as Moniepoint, is a leading all-in-one digital financial services platform for businesses in Nigeria. The company offers a range of services, including payment processing, banking, credit, and business management tools. In August 2022, Moniepoint raised $50M in a Series B funding round and was recognized as a top global fintech by CBInsights. The rebranding to Moniepoint reflects the success of its flagship product as the go-to digital banking solution for businesses in Nigeria.
Moniepoint is a well-established and trusted brand among its customers, and adopting it as the company name streamlines the connection between the brand and its target audience. This rebranding also marks the next phase of the company’s growth plan, which includes moving its headquarters to London.
When we started out in 2015, we were primarily providing back office payment infrastructure for banks and needed an apt team, hence the name TeamApt. Since then we have evolved significantly and our flagship business banking solution, Moniepoint, has become our core focus and where we see the future. Now as we head into our next step in our journey, we’ve changed our name to reflect the company’s commitment to enable a world where any business has access to the digital tools and capital needed to grow, no matter its stage, size or location, and as Moniepoint we believe we can achieve this.
Tosin Eniolorunda, Co-founder and CEO of Moniepoint
In addition to rebranding as Moniepoint, the company also made the strategic decision to invest in a new domain name, Moniepoint.com. This move not only aligns with the new identity but also strengthens their online presence and helps to establish their brand as a reputable and reliable source of digital financial services. By securing the Moniepoint.com domain, the company ensures that its customers can easily find and access their services online.
Tosin Eniolorunda, CEO and co-founder of Moniepoint, announced in a video the company’s rebranding and its significance for the organization.
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