Visa invests in Nigerian fintech Moniepoint to expand financial services across Africa.

Visa has invested in Moniepoint, a Nigerian fintech company, to boost financial services for small and medium-sized businesses in Africa. Moniepoint, which processes over 1 billion transactions monthly, will use the investment to expand its services, including the introduction of contactless payments. The deal aims to enhance financial inclusion and support the growth of businesses in the region, while also positioning Moniepoint for expansion beyond Africa.

2 months ago
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