Moniepoint pulls plug on MonieWorld after 14 months, refocuses on Nigeria, Kenya

BusinessDay | 25-08-2026 08:14pm |

Moniepoint has announced the closure of MonieWorld, its UK-based remittance business, just 14 months after launch. The company is strategically retreating to focus on its core markets in Nigeria and Kenya. The decision reflects a shift in priorities to strengthen its presence in these key African markets. The move is part of a broader strategy to consolidate operations and enhance service delivery.

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