Moniepoint UK Reports $36,284 Revenue Amid Strategy Shift

Moniepoint’s United Kingdom subsidiary recorded a revenue of $36,284 in 2025, reflecting only one month of activity after the transfer of MonieWorld customers to Moniepoint UK Limited in December 2025. The company plans to discontinue its diaspora remittance product, MonieWorld, which launched in April 2025, and redirect resources towards its core financial services platform for African businesses.

Despite a reported 70 percent increase in monthly transaction volumes among UK diaspora users, Moniepoint did not disclose the product’s total revenue or profitability. The financial accounts for the year ending December 2025 showed a loss after tax of $226,172, with total assets of $769,703 and customer liabilities of $112,453.

The subsidiary's largest administrative expense was technology and communication, totaling $125,838 in 2025. Moniepoint acquired Bancom Europe Limited in July 2025, renaming it Moniepoint UK Limited, to establish a regulated operating structure in the UK.