Moniepoint UK Limited Reports $36,284 Revenue in 2025

Moniepoint UK Limited, the UK subsidiary of fintech unicorn Moniepoint Inc., reported $36,284 in revenue for 2025, which represents just one month of activity following the migration of customers from its diaspora remittance product, MonieWorld, in December. A spokesperson indicated that the migration began in December 2025, after Moniepoint acquired Bancom Europe Limited in July 2025 and renamed it Moniepoint UK Limited in September.

For the year ending December 2025, the company posted a gross profit of $10,220 but incurred a loss after tax of $226,172. Moniepoint UK had total assets of $769,703 and customer liabilities of $112,453 at the end of 2025.

The cost of sales included bank and partner fees of $14,464 and foreign-exchange transaction expenses of $11,600, while technology and communication expenses totaled $125,838. MonieWorld, launched in April 2025, aimed to compete in the £2.76 billion UK-Nigeria remittance market but will be discontinued due to a review of the group's portfolio and long-term priorities.