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The closest alternatives to Moniepoint are Flutterwave and Opay. Moniepoint generates $600M in revenue with 1K employees. Every one of the 20 alternatives below is compared with Moniepoint on revenue, funding, customers, team size and founding year.
Moniepoint is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  MoniepointThis company |  Flutterwave |  Opay |  Razorpay |  Mambu |  Clip |  FAZZ |  Open Finance |  Thought Machine |  Lumin Digital |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $600M | $95.3M | $373M | $450M | $220M | $173M | $114.6M | $75.9M | $75M | $62.6M |
| Valuation | $1B | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $200M | $234.7M | $570M | $829.2M | $660.1M | $150M | Not disclosed | $190.7M | $150M | Not disclosed |
| Customers | Not disclosed | 1.5K | Not disclosed | 450K | 6K | Not disclosed | Not disclosed | Not disclosed | 68 | Not disclosed |
| Team size | 1K | 913 | 3.7K | 5K | 767 | 1.2K | 764 | 458 | 530 | 241 |
| Founded | 2015 | 2016 | 2018 | 2014 | 2011 | 2012 | 2017 | 2017 | 2014 | 2016 |
| HQ | Lagos, Nigeria | United States | Nigeria | India | Netherlands | Mexico | Indonesia | India | United Kingdom | United States |
United States · Banking as a Service (BaaS) Software
Flutterwave was founded in 2016 and is headquartered in San Francisco, California, with offices in Lagos, Nairobi, Accra, and Johannesburg. Flutterwave provides payment infrastructure services that enable businesses to…
Nigeria · Banking as a Service (BaaS) Software
Opay is a financial platform for payments, transfers, savings, loans, and other services, aiming to make financial services more inclusive through technology. It operates in the digital banking sector and offers…
India · Banking as a Service (BaaS) Software
Razorpay is a leading Indian fintech company, founded in 2014 by Harshil Mathur and Shashank Kumar, offering a full-stack payments and business banking platform. Originally launched as a startup-focused payment gateway…
Netherlands · Banking as a Service (BaaS) Software
Mambu is actually a software company that provides cloud-based banking technology. It was founded in 2011 and is headquartered in Berlin, Germany. Mambu's platform enables financial institutions to quickly and easily…
Mexico · Banking as a Service (BaaS) Software
Clip is primarily focused on financial software. It has established itself as a significant player in the financial technology sector.
Indonesia · Banking as a Service (BaaS) Software
All-in-one Finance for Every Southeast Asia Business
India · Banking as a Service (BaaS) Software
OPEN offers a powerful suite of financial solutions to help businesses manage payments seamlessly with connected banking. We also provide additional tools for tax and compliance, cash flow insights, custom workflows on…
United Kingdom · Banking as a Service (BaaS) Software
Developer of a cloud-based core banking platform intended to bring machine learning and big data together to develop a next-generation operating system for banks. The company's cloud-based technology platform provides…
Thought Machine revenue & fundingMoniepoint vs Thought Machine
United States · Banking as a Service (BaaS) Software
Lumin Digital provides cloud-native digital banking solutions, helping financial institutions enhance user experience and engagement.
United Arab Emirates · Banking as a Service (BaaS) Software
NymCard is a full-stack, API-first embedded finance platform that provides payment infrastructure for banks, fintechs, enterprises, and telecom providers. Founded in 2018, it modernizes payments in the MENA region and…
United States · Banking as a Service (BaaS) Software
FOO is an award-winning, B2B SAAS solution provider, headquartered in the UAE, that specialises in empowering businesses through digital transformation. FOO provides innovative Fintech solutions, built entirely…
United States · Banking as a Service (BaaS) Software
Developer of a fintech platform designed to offer employee expense management, corporate gifting and co-branded debit and credit cards. The company's platform provides a cloud-based neo-banking platform to enterprises…
Netherlands · Banking as a Service (BaaS) Software
Finom is a European tech startup headquartered in Amsterdam, and we’re on a journey towards revolutionizing the financial landscape for entrepreneurs worldwide. Our mission is to develop an all-in-one financial B2B…
United States · Banking as a Service (BaaS) Software
Pipe makes embedded financial solutions accessible to growing businesses inside the software they use every day. Underwriting is based on live transaction and business data, removing the hurdles of traditional business…
United States · Banking as a Service (BaaS) Software
Nymbus is a provider of banking software services. The company provides software services for banks to support and interact with their customers offering them a software system that includes core banking functionality…
United States · Banking as a Service (BaaS) Software
Netevia is a Fintech company that develops payment technology for the retail, food, and beverage sectors. The company offers online payment solutions, POS systems, merchant management, and banking services.
United Kingdom · Banking as a Service (BaaS) Software
OpenPayd is building the universal financial infrastructure for the digital economy. Our rails-agnostic platform enables any business to move and manage money.
United States · Banking as a Service (BaaS) Software
Parafin is a financial infrastructure company that provides platforms with embedded financial products for their small businesses. It offers pre-built financial services programs to support small businesses and powers…
Brazil · Banking as a Service (BaaS) Software
Provider of electronic payment processor and SaaS based services designed to offer a complete cloud processing service. The company's electronic payment processor and SaaS based services helps any company to develop and…
United Kingdom · Banking as a Service (BaaS) Software
So far, true core banking transformation has been held back by the compromise between fast-to-market but inflexible "configuration" neo cores on one hand, and flexible but highly complex and costly "framework" neo cores…
Moniepoint ranks #1 of 135 Banking as a Service (BaaS) Software companies by annual revenue, putting it in the top 1% of the market.
| Date | Round | Amount | Valuation |
|---|---|---|---|
| Oct 2025 | Series C | $90M | $1B |
| Oct 2024 | Series C | $110M | Not disclosed |
The closest alternatives to Moniepoint are Flutterwave and Opay. This page compares each of them with Moniepoint on revenue, funding, customers and team size.
Flutterwave is the closest alternative to Moniepoint, generating $95.3M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.
Moniepoint generates $600M in revenue.
Moniepoint has raised $200M in funding.
Yes. Moniepoint generates $600M in revenue versus $95.3M at Flutterwave.
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