Nigerian startup Moniepoint, the leading business banking platform in the country, has announced its entry into the personal banking market with the launch of a consumer app and debit card. The company has so far powered over a million businesses, offering all the payment, banking, credit and business management tools they need to succeed. These debit cards will be issued through global payment processors, including Mastercard and Verve. Merchants will also benefit from seamless transactions when customers use Moniepoint cards. “Launching a personal banking product means we can connect businesses and their customers more effectively, backing them with our reliable infrastructure and services.

Source: The North Africa Journal August 22, 2023 15:00 UTC