Moniepoint
Business banking that works
4.3(620K+ reviews)
Founded 2015Lagos, NigeriaUsers
10M+ businesses
Rating
4.3/5
Founded
2015
KYC
Required
About Moniepoint
Moniepoint (formerly TeamApt) is Nigeria's leading business banking and POS platform. Valued at over $1 billion, it serves millions of businesses with reliable POS terminals, business accounts, and payment processing. It processes more transactions than most traditional banks.
Features
Business current accounts
POS terminals
Instant settlements
Payroll management
Invoice generation
Sub-accounts for staff
Personal banking
Bill payments
Fee Structure
| transfers | N10-N25 per transfer |
| maintenance | Free |
| cards | Debit card included |
| other | POS charges: 0.5% capped at N1,000 |
Pros & Cons
Pros
- Most reliable POS service in Nigeria
- Instant settlement for merchants
- Strong business banking features
- Unicorn-backed stability
- Excellent uptime record
Cons
- More business-focused than personal
- POS hardware cost
- Limited savings products
- Newer personal banking features still maturing
Links
User Reviews
No reviews yet. Be the first to share your experience!