Moniepoint is phasing out MonieWorld, its UK remittance product

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Less than 18 months after launching MonieWorld to serve Nigerians in the UK, Moniepoint, the Nigerian fintech unicorn, is discontinuing the diaspora-focused business after what it says was a thorough review of the group’s portfolio and long-term priorities.

“Moniepoint Inc., Africa’s all-in-one financial platform, today announced that MonieWorld, its UK-based remittance business, is…

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