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Moniepoint (formerly TeamApt) is a Nigerian fintech company based in Lagos that provides banking services and loans via an online banking app. The company was founded by Tosin Eniolorunda and Felix Ike in 2015. In November 2024, Bayo Olujobi was appointed its Chief Financial Officer (CFO) to aid the bank's vision to improve financial inclusion ...
The company was also named among the global Cleantech 100 companies in 2019. [31] In addition, M-Kopa was listed in the Financial Times “Africa’s Fastest Growing Companies” rankings three years in a row in 2022, [32] 2023, [33] and 2024. [34] The company was also included in the TIME100 Most Influential Companies list in 2023 and 2024. [35]
This list comprises the largest companies currently in Africa by revenue as of 2022, excluding the finance sector, according to the ranking of the largest 500 companies in Africa by Jeune Afrique. In 2022, the largest company in Africa was Sonatrach with revenue of US$77 billion.
According to a report from Boston Consulting Group and QED Investors, it could be worth $1.5 trillion by 2030 -- up from $245 billion in 2021. The fintech space is becoming increasingly ...
Stitch, a South African fintech startup, is one of them; today, it is coming out of stealth and announcing its seed round of $4 million. In Africa, a handful of startups have launched in the past ...
It’s no question that the fintech segment is a disruptive space within the market, transforming the way financial services activities such as banking, lending and credit cards are performed ...
In 2019, Stitch was founded in Cape Town, South Africa as Stitch Money. [5]In February 2021, Stitch raised $4 million in seed funding. The firm was initially focused on enabling businesses to access user financial accounts to view financial data.
One of the most notable changes has been happening in the financial services industry. Fintech businesses are gaining ground on traditional banks, and two stocks in this realm deserve a much ...