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Moniepoint disbursed more than $700 million in loans to Nigerian MSMEs, with 75% of beneficiaries receiving business credit for the first time The company said local businesses that received the loans recorded a 36% increase in transaction valueMoniepoint processes over $250 billion in annual digital payments, and aims to help bridge Nigeria’s $32.2 billion MSME financing gap
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Moniepoint Inc. has revealed that it disbursed more than $700 million in loans to Micro, Small and Medium-sized Enterprises (MSMEs) in 2025, with a significant number of beneficiaries accessing formal business credit for the first time.
According to the fintech company’s newly released 2025 Impact Report, about 75% of merchants who received financing through its platform had never previously obtained business loans, highlighting the firm’s growing contribution to financial inclusion in Nigeria.
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