In order to more closely align with a name that is already well-known and regarded by the clientele of the company, TeamApt, a well-known commercial banking platform in Africa, has been relaunched as Moniepoint, the name of its main product.
The business was established in 2015 to offer financial infrastructure and solutions to banks.
To become a unicorn, the Moniepoint crew has been working arduously.
Leading institutional investors have made investments in the company, including QED Investors, Novastar, Lightrock, BII, FMO, Global Ventures, Endeavour Catalyst, and New Voices Fund.
In a statement issued by the business, Tosin Eniolorunda, co-founder and CEO of Moniepoint Inc., stated that the company has “evolved considerably over the years, and our flagship business banking solution, Moniepoint, has become our core focus and where we envision the future.”
We believe that Moniepoint more accurately reflects our commitment to offering our clients an all-in-one platform through which they can access banking services, payment options, credit lines, and business management tools that will help them grow their operations and achieve their objectives. This is because our company is already familiar with the name Moniepoint.
Moniepoint’s objectives for the future as a result of this rebranding are to broaden the scope of its influence and help companies grow beyond the boundaries of their current capabilities.
TeamApt’s name has been changed to Moniepoint to better reflect the organization’s mission to help businesses grow by giving them access to tools for management as well as digital payment and credit choices.