Close Menu
Over The Borders
    What's Hot

    Grand Hotel Djibloho welcomes members of the Equatorial Guinea Democrats (PDGE) on a national tour to showcase the new executive director of PDGE.

    June 20, 2025

    Airlines with the most airlines in 2025 – American Airlines, United Airlines, etc.: What you need to know about aviation safety

    June 20, 2025

    Aerospace Data Recorder Market Outlook 2025-2034

    June 20, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Grand Hotel Djibloho welcomes members of the Equatorial Guinea Democrats (PDGE) on a national tour to showcase the new executive director of PDGE.
    • Airlines with the most airlines in 2025 – American Airlines, United Airlines, etc.: What you need to know about aviation safety
    • Aerospace Data Recorder Market Outlook 2025-2034
    • Among the $400 million Maldives Resort, the new French Riviera Villa and other travel news
    • LOLELUNGA PRIVATERIDE redefines the Zambian safari experience
    • SATSA presents groundbreaking research into the South African adventure tourism market – Tourism News Africa
    • Lender wins insurance company in Russian seizure incident after a judge controls a “lost” aircraft
    • “Cute but Overlooked” French city is within 2 hours of London | Europe | Travel
    • Home
    • About Us
    • Contact Us
    • Advertise With Us
    • DMCA Policy
    Facebook X (Twitter) Instagram
    Over The BordersOver The Borders
    Friday, June 20
    • Home
    • Airlines & Aviation
      • Airline Incidents & Industry News
      • Airline Accidents & Safety
      • Aviation Innovation
      • Visa Information & Updates
    • Travel News
    • Migration Insights
      • Climate & Environmental
      • Immigration News & Updates
      • COVID-19 & Health in Travel
    • Regional Spotlights
    • Tourism Industry
    • Travel Tech & Innovation
      • Traveler Experiences
      • User Tips, Guides, & Resources
    Over The Borders
    Home » VISA is making an important investment in the monster point to promote the growth of SMEs in Africa.

    VISA is making an important investment in the monster point to promote the growth of SMEs in Africa.

    overthebordersBy overthebordersJanuary 24, 2025 Visa Information & Updates No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The African FinTech landscape is the forefront of this change as it evolves rapidly, focusing on the closing of dynamic ecosystem and financial inclusive gaps, supporting the growth of African Fintech Startup. I use that expertise and resources to do

    As a famous digital payment player, VISA invests in Nigeria's business payment and financial service platform, MoniePoint Inc.

    This investment represents a major advancement in visa commitments to improve the financial inclusion of visa, form the future of digital payments, and promote the growth of small and medium -sized enterprises throughout Africa.

    Read: Moniepoint will enhance financial access with new collaboration

    Moniepoint (formerly known as Teamapt) was established in 2015 by Tosin ENIOLUNDA and FELIX IKE, and later as a major financial platform for large networks of large and medium -sized businesses (small and medium -sized enterprises). Establish status and provide integrated service suite. Digital payment, bank account, credit, foreign exchange (FX), and management tools. The platform has more than 1 billion transactions each month, the total payment is $ 22 billion, and companies can automate business and prosper in Africa's rapid economy.

    With this investment, VISA supports the mission of the monitoring point of giving power to African companies, further accelerating the growth and expansion of the entire continent. Moniepoint's highly profitable scalable business model, along with its powerful operation and financial results, has positioned it as a change in the African Fintech Eco System.

    Tosin ENIOLUNDA, founder and group CEO of Moniepoint Inc., states: VISA's support is a powerful support of our vision of digitizing and supporting large -scale African businesses. At the same time, we aim to deepen financial inclusiveness and to access the tools and resources necessary for small and medium -sized enterprises to prosper in the digital economy. Given that about 83 % of the entire employment in Africa is in the unofficial economy, we are very enthusiastic about expanding the official financial system and promoting the economic growth of the whole Africa. “

    He continued. “VISA's expertise in global payments and moniepoint's proven abilities that serve African companies have opened this partnership, despite opening the path to a more comprehensive and dynamic financial ecosystem. It is an exciting opportunity to form a future, and we are pleased with VISA to enhance the financial service.

    The Central and East Europe's regional president, the Middle East and Africa's visa Andrew Toret added: MoniePoint helps to transform the Nigeria and later business operations by making financial services and digital payments easier and more efficient. We look forward to supporting the next stage of their growth and innovation. “

    “VISA investment in Moniepoint is the latest example of a long -term commitment of promoting digital economy in Africa. SMEs can expand and release new profitable opportunities for small and medium -sized enterprises. Make it possible to grow through innovative payments and software solutions.

    Moniepoint has been experiencing index -functional growth since its establishment in 2015, and its revenue has recently increased over 150 %. The company's efforts to expand access to financial services are closely consistent with visa missions that individuals and companies can prosper in the global economy.

    Celebrating both parties and celebrating this strategic investment in the monster point (NIPC), emphasizing Nigeria's appeal for investors for its favorable business environment. 。 In addition, NIPC praised the monster point as a model for Nigeria's outstandingness, contributing to a great value to a global financial ecosystem. The Committee emphasized the commitment of supporting investors and promoting economic cooperation in finance and technology in order to support Nigeria's fulfilling economic potential.

    This partnership combines Moniepoint's local expertise with innovative business models and VISA's global resources and abilities. Moniepoint and VISA aim to accelerate digital transformation of small and medium -sized businesses in Africa and promote economic package and long -term economic prosperity.



    Source link

    overtheborders
    • Website

    Keep Reading

    Is Trump planning to ban Africa visas? |Africa Union News

    Yellow Card and Visa Partners to Increase Stablecoin Payments in Africa

    South African Economic Freedom Warrior Leader is banned from the UK in their home office

    Trump administrators will give 36 countries a new deadline to avoid travel bans

    Trump calls for action from 36 countries to avoid travel bans

    The Trump administration has new visa restrictions

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Grand Hotel Djibloho welcomes members of the Equatorial Guinea Democrats (PDGE) on a national tour to showcase the new executive director of PDGE.

    June 20, 2025

    Airlines with the most airlines in 2025 – American Airlines, United Airlines, etc.: What you need to know about aviation safety

    June 20, 2025

    Aerospace Data Recorder Market Outlook 2025-2034

    June 20, 2025

    Among the $400 million Maldives Resort, the new French Riviera Villa and other travel news

    June 20, 2025
    Latest Posts

    World Bank ends ban on funding for nuclear projects

    June 11, 2025

    Why rooftop solar could crash under Republican tax bills

    June 11, 2025

    The document shows the EPA plans to ease mercury restrictions from power plants

    June 10, 2025

    Subscribe to News

    Subscribe to our newsletter and never miss our latest news

    Subscribe my Newsletter for New Posts & tips Let's stay updated!

    Welcome to Over The Borders, your ultimate gateway to discovering the world’s hidden treasures, with a special focus on the vibrant and diverse continent of Africa. Our mission is to inspire, educate, and empower travelers by providing insightful articles, travel guides, and firsthand experiences that celebrate the beauty and richness of regional cultures, landscapes, and adventures.

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Subscribe to our newsletter and never miss our latest news

    Subscribe my Newsletter for New Posts & tips Let's stay updated!

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • About Us
    • Contact Us
    • Advertise With Us
    • DMCA Policy
    © 2025 overtheborders. Designed by overtheborders.

    Type above and press Enter to search. Press Esc to cancel.