Google's Africa Investment Fund and Development Partners International back African fintech Moniepoint in $110M Series C round, valuing the company at over $1B. Moniepoint provides business banking services to small and medium-sized enterprises (SMBs) across Nigeria, processing over 800 million transactions with a monthly total value exceeding US$17 billion.

Source: https://techcrunch.com/2024/10/29/google-dpi-backs-moniepoint-in-110m-round/