Social media user reveals how Moniepoint uses GTBank network for transactions, bank responds

  • Moniepoint has responded to a social media post that its infrastructure is connected to GTBank
  • The microfinance bank countered that its engineers built its infrastructure separately from any financial institutions
  • The social media post claimed that Moniepoint is layered on GTBank for its multiple financial transactions

Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.

Moniepoint Group, operators of Moniepoint Microfinance Bank, has refuted claims by Alex Onyia, Educare CEO, that its platform was ‘layered’ on the infrastructure owned by Guaranty Trust Bank.