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Nigeria-based TeamApt completes Series B funding round

Nigerian fintech startup TeamApt, which provides financial services for the underserved mass market in Africa, has announced the completion of its Series B funding round as it looks to expand in the aftermath of switching its focus from B2C to B2B.

Launched in 2015, TeamApt was formed to solve inefficiencies in Nigeria’s growing digital financial services market and has a variety of products.

“Universal access to financial services is key to the advancement of any society. We built Moniepoint because we believe everyone deserves to enjoy financial happiness and this can only happen when they can access financial services effortlessly,” said Tosin Eniolorunda, co-founder and chief executive officer (CEO) of TeamApt.


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