Moniepoint - Ghana News Express

Strategic acquisition brings Moniepoint’s all-in-one digital financial services to Kenya's underserved MSME segment LONDON--(BUSINESS WIRE/AETOSWire)-- Moniepoint Inc. ("Moniepoint"), Africa's leading financial platform, today announces the completion of its acquisition of Sumac Microfinance Bank Limited ("Sumac"). The transaction, approved by the Central Bank of Kenya and Competition Authority of Kenya, marks Moniepoint’s first major acquisition on the continent and its formal entry into the East African market. Moniepoint now holds a 78% majority stake in Sumac. The move allows Moniepoint to deploy its comprehensive suite of banking, payments, credit, and business management tools to Kenya's 7.4 million MSMEs - a sector contributing 40% ...

World’s leading financial publication reiterates Moniepoint’s rapid growth and impact LONDON--(BUSINESS WIRE/AETOSWire)-- Moniepoint Inc. (“the Company” or “Moniepoint”), announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent's leading financial institutions for Africans, everywhere. The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. In a market where few companies successfully balance size with agility, Moniepointdistinguishes itself by maintaining operational efficiency while accelerating its expansion across the continent. The world’s leading financial publication confirmed&nb...

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Moniepoint Inc. Enters Kenyan Market With Acquisition of Sumac Microfinance Bank

Africa’s Leading Fintech – Moniepoint – Ranked by the Financial Times as One of Africa’s Fastest Growing Companies, for the Third Consecutive Year