Tosin Eniolorunda is a Nigerian entrepreneur and the CEO of Moniepoint Inc., a leading fintech company that provides business payments and banking solutions. Born in September 1985 in Lagos, he holds a degree in Mechanical Engineering from Obafemi Awolowo University. Tosin co-founded Moniepoint, which has grown to process trillions of naira in monthly transactions.
He is married with children and has been recognised for his contributions to the fintech industry, including being listed among Africa’s 100 most influential people. While his net worth is not publicly disclosed, he is considered a prominent figure in Africa’s tech scene.
Biography
| Attribute | Details |
| Full Name | Tosin Eniolorunda |
| Date of Birth | September 1985 |
| Age | 38 years old (as of 2024) |
| Nationality | Nigerian |
| Education | B.Sc. in Mechanical Engineering from Obafemi Awolowo University |
| Occupation | Entrepreneur, CEO of Moniepoint Inc. |
| Net Worth | Not publicly disclosed, significant in fintech |
| Family | Married, with children |
| Father’s Name | Rotimi |
| Mother’s Name | Ajoke |
| Notable Company | Co-founder and CEO of Moniepoint Inc. |
| Achievements | Endorsed by Endeavor Entrepreneurs, Forbes Africa magazine cover (2021), Listed among Africa’s 100 most influential Africans (2022) |
| Early Background | Born and raised in Lagos, Nigeria, attended the University of Ibadan Staff School |
| Career Highlights | Former Senior Software Manager at Interswitch, Established Moniepoint to support fintech and agent banking |
| Influence | Leading figure in Africa’s fintech ecosystem, known for empowering over one million small businesses |
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Net Worth
Tosin Eniolorunda, the CEO and co-founder of Moniepoint Inc., has an estimated net worth of around $10 million. This valuation is primarily attributed to his 10% ownership stake in Moniepoint, a leading Nigerian fintech company valued at over $100 million. citeturn0search0
Under his leadership, Moniepoint has experienced significant growth, processing approximately 8 trillion naira in monthly transactions as of 2021. citeturn0search7
While specific details about his personal investments and assets are not publicly disclosed, Tosin’s substantial net worth reflects his successful entrepreneurial endeavours in the fintech sector.
Family Background
Tosin Eniolorunda was born and raised in Lagos, Nigeria. He is the son of Rotimi, an engineering contractor, and Ajoke, a teacher. Tosin comes from a close-knit family of three children, where he holds the role of the eldest sibling.
His upbringing in a supportive and educationally inclined household played a significant role in shaping his interest in technology and entrepreneurship. Tosin’s strong family ties and early experiences laid the foundation for his drive and ambition in the tech and fintech industries.
Wife and Personal Life
Tosin Eniolorunda, the CEO and co-founder of Moniepoint Inc., is happily married and has children. While specific details about his wife and family are not publicly disclosed, Tosin’s personal life reflects his commitment to family values alongside his professional achievements.
For a deeper insight into Tosin Eniolorunda’s journey and perspectives, you might find this interview informative:
Age and Early Life
Tosin Eniolorunda was born in September 1985 in Lagos, Nigeria. He grew up in a supportive household, with a father, Rotimi, working as an engineering contractor, and a mother, Ajoke, pursuing a career as a teacher. Tosin attended the University of Ibadan Staff School for his primary education and went on to study at the Command Day School, Odogbo, Ibadan, for his secondary education.
His early life and education instilled in him a curiosity for engineering and technology. Tosin later pursued a degree in Mechanical Engineering at Obafemi Awolowo University, where he graduated in 2007. His passion for technology and problem-solving eventually led him to a successful career in fintech, culminating in his role as CEO and co-founder of Moniepoint Inc., a major player in Africa’s financial technology landscape.
Career and Achievements
In 2015, Tosin co-founded TeamApt, which later rebranded to Moniepoint Inc. The company provides business payments and banking solutions, partnering with over one million businesses and thousands of agents across Nigeria. As of June 2023, Moniepoint processes approximately 8 trillion naira in monthly transactions, making it one of the largest fintech platforms in Africa.
Impact and Influence
Tosin Eniolorunda, the CEO and co-founder of Moniepoint Inc., has significantly influenced the African fintech landscape through his innovative contributions. Under his leadership, Moniepoint has become a leading digital payments and banking platform, processing over $14 billion monthly for businesses across Nigeria and East Africa.
His work has garnered recognition from esteemed institutions such as the Central Bank of Nigeria, Financial Times, CB Insights, Endeavor, and PYMNTS. Notably, he was named among the 100 most influential people in Africa in 2022 and featured on the cover of Forbes Africa magazine in 2021.
For a deeper insight into Tosin Eniolorunda’s journey and perspectives, you might find this interview informative:
Frequently Asked Questions (FAQs)
Who is the CEO of TeamApt?
The CEO of TeamApt is Tosin Eniolorunda.
What is the other name for Moniepoint?
Moniepoint was previously known as TeamApt.
Which country uses Moniepoint?
oniepoint is primarily used in Nigeria, with expansion into other East African countries.
How much is Moniepoint in Nigeria?
Moniepoint processes transactions worth approximately 8 trillion naira monthly.
How reliable is Moniepoint?
Moniepoint is known for its high reliability, serving over one million businesses and thousands of agents across Nigeria.
How do I withdraw money from Moniepoint?
You can withdraw money through Moniepoint agents, ATMs, or digital banking services provided by the platform.
What is the new name for Moniepoint?
The new name for Moniepoint is TeamApt, after it rebranded to focus on fintech and business solutions.
Final Thoughts
Tosin Eniolorunda’s journey with Moniepoint highlights the significant impact of fintech innovation in transforming business transactions across Africa. His dedication to empowering small businesses through reliable and scalable financial solutions has made Moniepoint a trusted platform for millions. Tosin’s commitment to creating an entrepreneurial ecosystem where opportunities thrive showcases his passion for sustainable growth and community development.