Tosin Eniolorunda is a Nigerian technology entrepreneur and business executive best known as the Founder and Chief Executive Officer of Moniepoint (formerly TeamApt), one of Africa’s leading financial technology companies focused on digital banking and payment solutions for businesses. He is widely recognized for driving financial inclusion in Nigeria by building infrastructure that supports small and medium-sized enterprises (SMEs) and agency banking networks across the country.
Tosin Eniolorunda studied Mechanical Engineering at Obafemi Awolowo University (OAU), Ile-Ife, where he developed strong analytical and problem-solving skills. Despite his engineering background, he pursued a career in technology and software development, recognizing the growing potential of fintech in transforming Africa’s financial services sector.
Before founding Moniepoint, Tosin built his expertise working in the Nigerian banking and technology ecosystem. He worked with financial institutions where he gained deep insight into payment systems, digital banking infrastructure, and the operational challenges facing traditional banks. These experiences inspired him to create technology-driven solutions tailored to the realities of African businesses.
In 2015, he founded TeamApt, which later evolved into Moniepoint. The company initially focused on providing financial software solutions to banks but later pivoted to agency banking and merchant services. Under Tosin’s leadership, Moniepoint grew rapidly, building one of Nigeria’s largest agency banking networks and processing billions of dollars in transactions monthly. The company provides services such as payment processing, business banking, working capital loans, and point-of-sale (POS) solutions to thousands of merchants nationwide.
Moniepoint’s impact has been significant in expanding access to financial services, especially in underserved and rural communities. By empowering agents and small businesses with reliable digital payment tools, Tosin Eniolorunda has helped bridge the gap between traditional banking and everyday Nigerians.
As a tech leader, Tosin is known for his strong execution strategy, operational excellence, and focus on sustainable growth. He has received recognition within Africa’s startup ecosystem for building one of the continent’s most valuable fintech companies. Through innovation and infrastructure development, he continues to shape the future of digital finance in Nigeria and across Africa.