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The African fintech landscape flourishes through effective partnerships, which offer essential expertise, funding, and technology to tackle infrastructure deficiencies, inspire innovative solutions, and promote financial inclusion.
Visa, a global frontrunner in digital payments, has made an investment in Moniepoint, a fintech company based in Nigeria, to enhance financial inclusion among small and medium-sized enterprises (SMEs) across Africa.
This collaboration is set to foster innovation in digital payment solutions, boost Moniepoint’s capabilities, and stimulate significant economic growth throughout the continent.
Tosin Eniolorunda, the Founder and Group CEO of Moniepoint, stated, “We are excited to share that Visa is investing in Moniepoint. This investment is a powerful validation of our mission to digitize and empower African businesses on a large scale.”
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