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Nigeria Edition•Business
October 4, 2026•0 views
News Brief

Tony Elumelu Endorses Moniepoint CEO Tosin Eniolorunda’s Inclusion in TIME100 Next

Tosin Eniolorunda, co‑founder and CEO of Moniepoint, was named to TIME’s 2026 TIME100 Next list

Tony Elumelu Endorses Moniepoint CEO Tosin Eniolorunda’s Inclusion in TIME100 Next
Image: BusinessdayCredit: Image: Businessday
Multi-Source Verification:Synthesized across 1 independent reporting sources.
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In Brief

  • •Tosin Eniolorunda, co‑founder and CEO of Moniepoint, was named to TIME’s 2026 TIME100 Next list
  • •Tony Elumelu, chairman of Heirs Holdings and founder of the Tony Elumelu Foundation, publicly backed Eniolorunda’s recognition
  • •Moniepoint, founded in 2015, serves over 20 million businesses and individuals and processes more than $250 billion in digital payment transaction value annually
  • •In 2025 Moniepoint’s microfinance banking disbursed over N1 trillion in credit and processed N412 trillion in transaction value across more than 14 billion transactions
  • •Eniolorunda is the only African among the business, technology and AI leaders on this year’s TIME list

Why It Matters

The TIME100 Next accolade signals international validation of Moniepoint’s rapid growth and its role in Nigeria’s expanding fintech ecosystem. It highlights how a locally founded payments platform has scaled to serve millions, processed hundreds of billions in transactions, and is now positioning itself to offer credit products built on transaction data. Such recognition can attract further investment, encourage regulatory support, and inspire other African entrepreneurs to build globally competitive businesses.

Key Details

TIME100 Next Year
2026
Moniepoint Founded
2015
Moniepoint Users
20 million
Annual Digital Payment Value
$250 billion
2025 Microfinance Credit Disbursed
N1 trillion
2025 Transaction Value
N412 trillion
2025 Transactions Count
14 billion

Original Reporting & Sources

VNews is an independent briefing product. Original reporting remains credited to the following publishers:

Businessday
Primary Source
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