Moni Logo

Group Financing for small businesses across Africa. 

Year Founded


Company Size

11 - 50 People

Funding Raised

Not Specified


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Not Specified

About Moni

Moni finances small businesses in groups across Africa. The collective responsibility of the group serves as a collateral on the loan while the social pressure from the members ensures on-time repayment. There are over 44million SMBs in Africa. 

We launched 7 months ago and we already have $72k MRR growing at 50% MoM. We achieved 99% repayment on 11,000 units of loans with over $5M disbursed. This is 15 times higher than most financial services in Africa.

Femi (CEO) worked previously with the World Bank with a focus on financial services while Dapo (CTO) led the development of the technology for one of the largest digital lending apps

We are also backed by Y Combinator(W22), Magic Fund, Ventures Platform, Voltron Capital and more.

Profile ID: #325989

Latest Jobs

Founders & Leadership

Adedapo Sobayo

Adedapo Sobayo

Co-founder of Moni

Femi Iromini

Femi Iromini

Co-founder of Moni

Financials Beta

Business Model: Not Specified

Revenues: Not Specified

Expenses: Not Specified

Debt: Request

Operating Status: Active

Funding Raised: $0

Investment Rounds: 0 Rounds

Funding Stage: Not Specified

Last Funding Date: Not Specified

Frequently Asked Questions

Who are Moni's founders and individuals in key leadership positions?

Moni has 2 founders and people in key management positions. They are:
  • Adedapo Sobayo
  • Femi Iromini
  • How long has Moni been in business?

    Moni was established in 2021 (2 years in business).

    Is Moni currently hiring?

    Yes, Moni is currently hiring for 1 job positions.

    Visit Moni's Jobs Page to view a list of all open positions.

    Which country is Moni headquartered in?

    Moni is based in Niger.

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