Moniepoint achieves unicorn status after raising $110m from Google, DPI

Nigerian financial technology fintech, Moniepoint has achieved “unicorn” status after securing $110m in funding from investors, including Google and London-based private equity firm Development Partners International.

The term unicorn refers to a privately held startup company with a value of over $1 billion.

The nine-year-old startup made this known in a statement issued on Tuesday.