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taskmaster4450le
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According to the Financial Times, the round makes Moniepoint a unicorn — a private company with a valuation of $1 billion or more. The African fintech was last valued at nearly $800 million in a QED-led round two years ago.

Moniepoint initially focused on providing infrastructure and payment solutions for banks and financial institutions before pivoting to becoming a business banking provider, an area where it has found remarkable success.

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