Moniepoint Microfinance Bank has launched Moniebook, an all-in-one Point-of-Sale and business management solution designed to streamline operations for Micro, Small, and Medium Enterprises across Nigeria.
In a statement, the fintech company described Moniebook as the first solution in the country to seamlessly integrate payments and bookkeeping on a single platform. The tool enables business owners to manage inventory, track sales, process payments, monitor staff roles, manage customer relationships, and generate real-time reports from one system.
Managing Director of Moniepoint MFB, Babatunde Olofin, said the product aligns with the bank’s mission to give entrepreneurs the tools they need to grow and operate efficiently. He noted that the platform provides full visibility into sales, customers, inventory, and staff activities, helping businesses scale sustainably.
“Our mission has always been to help businesses grow by giving them the tools they need to succeed. Moniebook is engineered to be a growth partner for businesses,” he said.
During the beta phase, Moniepoint onboarded over 4,000 businesses and processed N19bn in transaction value through the platform.
A retail entrepreneur, known as BBQ Chef, who participated in the pilot phase, said Moniebook helped him track over N2m in sales within his first month. He described the system as user-friendly and effective for managing daily business activities.
Head of Product, Moniebook, Oluwole Adebiyi, said the platform was created in response to the longstanding challenges Nigerian SMEs face in juggling multiple disconnected tools for their operations. He explained that the new solution consolidates essential functions into a single system that is secure, scalable and tailored to local business realities.
“For too long, small and medium-sized business owners have had to juggle multiple, disconnected tools to manage critical operations. This complexity is a direct barrier to growth,” Adebiyi said.
Moniepoint said the platform is part of its commitment to supporting Nigeria’s MSME ecosystem by helping entrepreneurs improve efficiency, reduce losses and build stronger, technology-driven businesses.
