Nigeria, Oct. 21 -- Nigeria's fintech unicorn, Moniepoint, has secured $90 million in additional cash to extend its footprints beyond its home country into the UK and Kenya in a capital raise taking its latest funding round to $200 million.

The digital bank, established ten years ago by software engineer and entrepreneur, Tosin Eniolorunda, had earlier sourced $110 million from investors in October 2024 in the first phase of its Series C round.

"We have seen more interest coming slowly from global investors, especially those that have seen other emerging markets, willing to underwrite the African growth story," Ross Strike, the company's senior vice president said in an interview according to a Bloomberg report on Tuesday.

Moniepoint p...