23 Oct 2025

"Norton Rose Fulbright Advises on Landmark Investment in African FinTech Company Moniepoint"

"Global law firm Norton Rose Fulbright has advised Development Partners International (DPI) and LeapFrog Investments on their investment in Moniepoint, a leading Nigerian FinTech company recognized for enhancing financial inclusion in Africa. The Series C investment, which includes contributions from various investors such as Google and Visa, aims to support Moniepoint's expansion across Africa and into global markets. Bayo Odubeko, who led the advisory team, highlighted the significance of this investment in reshaping financial access on the continent."

Global law firm Norton Rose Fulbright advised Development Partners International (DPI) and LeapFrog Investments (LeapFrog) on their investment in Moniepoint, a leading FinTech company in Africa. The transaction involved Moniepoint's Series C investment, which was led by DPI’s African Development (ADP) III fund, with LeapFrog anchoring the final close. The investment aims to accelerate Moniepoint’s expansion and enhance its ability to promote financial inclusion across Africa. Moniepoint is recognized for processing over $250 billion in digital payments annually and has been named one of Time magazine's 100 Most Influential Companies this year. The Norton Rose Fulbright team included Bayo Odubeko, who led the advisory and is recognized for his significant experience in FinTech deals across Africa, supported by senior associate Matthew Eccles and associate Ellen Pen. New York partner Ryan Waggoner provided advice on Delaware aspects of the deal.
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