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Moniepoint raises $90 million to expand across africa and the uk, lifting total funding to $200 million and valuation above $1 billion. View the full context on techmeme. The new funding secures moniepoint’s valuation at over $1bn, maintaining its status as one of the continent’s “unicorn” startups
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The $90m tranche follows a $110m raise led by dpi and backed by google, which was announced earlier. Moniepoint, the nigerian fintech backed by visa inc., has secured an additional $90 million to accelerate its expansion across africa and beyond, bringing its latest funding round to $200 million.