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Moniepoint went from PoS scale to full-stack lock-in in two years

This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs and financial institutions. A new edition drops every Monday.   In 2015, Moniepoint, then TeamApt, one of Nigeria’s most prominent fintechs, was building payment infrastructure for banks. By 2025, it was no longer a company in the
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