Moniepoint’s Team Behind the Unicorn Status

Nigeria-based Moniepoint has rapidly become one of Africa’s leading fintech companies, processing over $22 billion monthly through its payments infrastructure. This remarkable growth is fueled by both financial backing and a uniquely talented team—many with prior experience as founders or senior executives at other industry leaders.

The Founding Visionaries

Tosin Eniolorunda and Felix Ike co-founded Moniepoint in 2015 after departing Interswitch, setting the course for what would become a fintech powerhouse. Their combined vision has transformed the company from humble payment processor to comprehensive banking provider.

Key Executives Building on That Foundation

Bayo Olujobi - CFO

Appointed in November 2023, Olujobi brings over two decades of financial expertise from Stanbic IBTC Bank and ARM. His leadership has been instrumental in driving Moniepoint’s financial performance and operational efficiency.

Nelson Nelson-Atuonwu - Director of Product

Previously co-founder of Grip (an instant card-issuing platform), Nelson joined Moniepoint in December 2023 to build seamless banking experiences. His prior work at Interswitch and Nomba laid the groundwork for his current role.

David Ijaola - Product Manager

Ijaola, who also co-founded Sandbox (connecting product managers with talent), has a passion for using technology to drive positive change—a perspective he brings to Moniepoint’s payments and banking services.

Babatunde Olofin - Managing Director

With 15+ years in the banking sector across First Bank, FCMB, EcoBank, and Sterling Bank, Olofin’s deep industry knowledge ensures Moniepoint remains at the forefront of financial innovation.

Bukola Bankole - Product Manager, Business Loans

Prior to joining Moniepoint, Bankole founded Laba Laba Media—demonstrating her entrepreneurial spirit continues to drive product development within the company.