Africa: Moniepoint’s Monnify Processed $18b in Payments Last Year
Monnify processed ₦25 trillion, or about $18.3 billion, in transaction volume in 2025 as Nigerian businesses continued to rely on digital payment infrastructure. The payment gateway, which operates within Moniepoint Inc.’s technology arm TeamApt, recorded 38% growth in transaction volume compared with 2023. The growth came during a period marked by currency volatility, higher costs…