Private Valuation & Funding Round Tracker · Moniepoint

Moniepoint funding rounds & valuation history

Name: Moniepoint Funding Rounds & Valuation History
Creator: growthnavigatefunding.net

Moniepoint (formerly TeamApt), the Nigerian business-payments and digital-banking group. Funding from the Funding round (QED-led, 2022) to the Series C (completed), sourced to Moniepoint, TechCabal and TechCrunch.

Last updated: 13 Nov 2026 (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal

⬇ Download CSV Cite this dataset Methodology & status definitions

Last closed round Closed

Over $200M (total Series C)

Over $200M (total Series C) Series C (completed)

Raised in rounds listed

$250M

Sum of 2 closed rounds with a disclosed amount (GNF calc.)

Largest round

Over $200M (total Series C)

Series C (completed)

Closed rounds listed

Aug 2022 to Oct 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Moniepoint funding rounds, Aug 2022 to Oct 2025
Date	Status	Round	Amount	Lead / buyer	Valuation	Val. ÷ run-rate	Source
21 Oct 2025	Closed round	Series C (completed)Total for the whole Series C, including the October 2024 first close (shown separately below, but not added again to the sum).	Over $200M (total Series C)	Development Partners International (ADP III fund)With: LeapFrog Investments; Lightrock, Alder Tree, Google’s Africa Investment Fund, Visa, IFC, Proparco, Swedfund, Verod	Not disclosedNo updated valuation disclosed; Moniepoint describes itself as at “unicorn scale”	—Not disclosedNo run-rate stated in the announcement	Moniepoint, 21 Oct 2025
29 Oct 2024	Closed round	Series C first closeAmount kept out of the CSV amount column and the sum to avoid double counting with the completed Series C total.	$110M (included in the $200M+ total)	Development Partners InternationalWith: Google’s Africa Investment Fund, Verod Capital, Lightrock	About $1BReported by TechCabal (people with direct knowledge: “primary round at a $1 billion valuation”); not stated by Moniepoint2.50× vs prior closed	—Not disclosedNo run-rate stated in the announcement	TechCabal, 29 Oct 2024Also: Moniepoint, 21 Oct 2025
10 Aug 2022	Closed round	Funding round (QED-led, 2022)Neither QED nor TeamApt confirmed the amount to TechCrunch; “over $50 million” is from people familiar with the deal. The company was then called TeamApt.	$50M+ (reported)	QED InvestorsWith: Novastar Ventures, Lightrock, BII (existing investors)	About $400MReported by TechCabal in 2024 (“around $400 million in a 2022 funding round”); not stated by the company	—Not disclosedNo run-rate stated in the announcement	TechCrunch, 10 Aug 2022Also: TechCabal, 29 Oct 2024

Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations reported at each closed round with a disclosed figure (both press-reported, not company-stated). The completed Series C has no updated valuation.

2022 roundAug 2022About $400M
First closeOct 2024About $1B

Sources: Moniepoint, TechCabal, TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

10 Aug 2022 · Closed
Funding round (QED-led, 2022): $50M+ (reported) at About $400M led by QED Investors.
29 Oct 2024 · Closed
Series C first close: $110M (included in the $200M+ total) at About $1B led by Development Partners International.
21 Oct 2025 · Closed
Series C (completed): Over $200M (total Series C) led by Development Partners International (ADP III fund).

Still private: Moniepoint has not filed for an IPO and is not owned by a listed company. Visa and Google’s Africa Investment Fund are minority investors.

Cite this dataset

Free to quote with a link back. Copy this citation:

Moniepoint Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/moniepoint/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File: moniepoint-rounds.csv (UTF-8, comma-separated)
Stable URL: https://growthnavigatefunding.net/wp-content/uploads/2026/11/moniepoint-rounds.csv
Columns: id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated: 13 Nov 2026 (IST)

⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The 2021 Series B (amount only from Crunchbase, not an authority source); earlier TeamApt seed rounds; debt.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

13 Nov 2026: Dataset first compiled (batch 4, not yet published).

Moniepoint Funding Rounds & Valuation History (2022–2025)