Moniepoint, the African business banking platform, has appointed Pawel Swiatek, former managing vice president of Capital One, as its new COO. Swiatek will be responsible for building policies, tools, measurements and culture to enable the business to grow, working closely with CEO Tosin Eniolorunda and the senior management team. Moniepoint offers payments, banking, credit and business management tools to more than 600,000 businesses and is currently Nigeria’s largest card payments operator with over $10bn processed monthly.
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Nigeria: financial infrastructure firm TeamApt rebrands as Moniepoint
TeamApt, a fintech company offering one of the largest commercial banking systems in Africa, has relaunched as Moniepoint. The platform focuses on making banking services accessible to all, including low-income households and small businesses. The platform offers a wide range of services including online account opening, fund transfers, bill payments, and airtime top-up. Moniepoint aims to enhance financial inclusion in Africa and bridge the gap between the banked and unbanked population in the continent.