TeamApt Ltd. Wins 2026 BAFI Award for Payment Innovation

TeamApt Ltd., a financial technology company providing payment infrastructure for banks and fintech firms, won the Financial Ecosystem Innovator of the Year award at the 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards. The company, licensed by the Central Bank of Nigeria and a subsidiary of Moniepoint Inc., was recognized for its contributions to payment transactions within Nigeria's financial ecosystem.

TeamApt has expanded its services beyond traditional payment processing to include micro-pensions and retail investment opportunities. The company has developed and operated switching and processing infrastructure for over a decade, facilitating millions of transactions daily.

Recent initiatives include a partnership with Awabah to enable micro-pension contributions for informal workers and support for retail subscriptions to the Dangote Petroleum Refinery IPO through Moniepoint POS terminals. However, the announcement did not provide specific figures on retail investors or subscription values processed through its infrastructure.