Legit.ng Honours Flutterwave, MoniePoint, MoreMonee, Others at the 2025 Legit Business Names Awards

Recognising the changemakers shaping Africa’s integer fiscal future

Legit.ng Honours Flutterwave, MoniePoint, MoreMonee, Others astatine the 2025 Legit Business Names Awards
Source: Original

Award Recipients:

• Chika Nwosu (PalmPay) – Most Innovative Fintech Company of the Year
• Olugbenga Agboola (Flutterwave) – Most SME-Supportive Fintech of the Year
• Sunil Natraj (JumiaPay) – Most Convenient Online Payment Option of the Year
• Tosin Eniolorunda (Moniepoint) – Financially Inclusive Fintech of the Year
• Dauda Gotring (OPay) – Most Customer-Friendly Fintech Company of the Year
• Dr. Mohammed Olatunji (MoreMonee) – Best Savings Fintech App of the Year

In Nigeria’s competitory fintech industry, recognizing the vision, impact, and enactment of purpose-driven companies is simply a mode to item their interaction connected people’s lives. This was the guiding ethos down the 2025 Legit Business Names Awards. Legit.ng, Nigeria’s astir trusted integer quality platform, established this prestigious, non-commercial designation programme to honour the innovators transforming Africa’s fiscal future.

Now successful its 2nd year, the 2025 variation of the Legit Business Names Awards built connected the occurrence of its 2024 debut, reaffirming Legit.ng’s committedness to spotlighting transformative enactment successful Nigeria’s fintech sector.

Each victor reflected however fintech is improving payments and savings, arsenic good arsenic reshaping however Nigerians physique fiscal security, entree opportunity, and enactment successful a rapidly digitising economy. The stories amusement what responsible, people-first fintech enactment tin look similar crossed the continent.

PalmPay’s Chika Nwosu: Championing Inclusive Digital Finance

Chika Nwosu, Managing Director of PalmPay, was recognised for expanding integer concern to Nigeria’s underserved populations. In 2024, PalmPay launched its *USSD codification (861#), a game-changing diagnostic that brought fiscal services to millions of users without smartphones oregon net access. This innovation was cardinal to the company’s ngo of deepening fiscal inclusion, particularly successful agrarian and low-connectivity regions.

With its accelerated maturation crossed Nigeria, Ghana, and Tanzania, PalmPay is offering currency alternatives and gathering the infrastructure for a genuinely inclusive integer economy.

Flutterwave’s Gbenga Agboola: Building for Africa, Scaling Globally

Olugbenga “GB” Agboola, the visionary down Flutterwave, was honoured for simplifying integer payments for businesses wrong and beyond Africa. In 2024, nether his leadership, Flutterwave secured caller outgo licenses successful Ghana, Uganda, and Malawi, opening up seamless cross-border transactions crossed these African markets. The institution besides widened its Money Transmitter License sum successful the United States, increasing from 13 to astir 30 states, making it easier for Africans successful the diaspora to nonstop wealth home.

Agboola besides drove the occurrence of Flutterwave’s Send App, a remittance level that witnessed exponential maturation successful usage crossed the UK, US, EU, and Canada. Flutterwave’s halfway spot successful 2024 encompassed tech-driven solutions, advocacy, enabling tiny businesses, and creating systems that enactment beyond borders.

JumiaPay’s Sunil Natraj: Expanding Access to Flexible, Everyday Digital Payments

Sunil Natraj, the strategical unit Jumia Nigeria, was honoured for steering the translation of JumiaPay into 1 of Nigeria’s astir accessible and consumer-focused outgo platforms. Under his leadership, JumiaPay introduced Buy Now, Pay Later (BNPL) options successful concern with recognition platforms similar EasyBuy and CredPal, empowering Nigerians to store online with greater flexibility and fiscal ease.

The level besides rolled retired zero-fee outgo services for indispensable utilities similar electricity, cablegram TV, and mobile top-ups, helping users prevention money portion managing their regular expenses seamlessly. These innovations positioned JumiaPay arsenic a go-to instrumentality for integer surviving successful Nigerian homes. His enactment highlighted the powerfulness of partnerships with brands, with customers, and with underserved communities.

Moniepoint’s Tosin Eniolorunda: Financing Nigeria’s Informal Economy

Tosin Eniolorunda, CEO of Moniepoint, has been transforming Nigeria’s informal sector. In 2024, Moniepoint processed implicit $22 cardinal successful transactions, reaching millions of tiny businesses and marketplace traders who run extracurricular the accepted banking system. The company’s services person go a lifeline for these entrepreneurs, enabling them to person payments, entree credit, and turn their operations securely.

Under his leadership, Moniepoint besides raised $110 cardinal successful caller backing to deepen its scope and put successful infrastructure that supports mundane concern owners. Eniolorunda championed fiscal literacy done a nationwide run and partnered with SMEDAN and the Federal Ministry of Industry, Trade and Investment to people Nigeria’s archetypal Informal Economy Report, a groundbreaking survey that shed airy connected the needs and realities of millions of unregistered and underserved businesses.

OPay’s Dauda Gotring: Bridging Fintech and Social Good

When Dauda Gotring took the reins at OPay successful 2023, helium brought the precision of a erstwhile Central Bank manager and a people-first mindset that has since reshaped the company’s mission. In 2024 alone, OPay rolled retired NightGuard and Large Transaction Shield, 2 precocious information features that strengthened idiosyncratic extortion done biometric verification and astute fraud detection. Simultaneously, Gotring led the enlargement of implicit 21 carnal work centres crossed Nigeria, combining tech innovation with on-the-ground lawsuit support.

Through its Play4aChild initiative, the institution raised ₦30 cardinal to money scholarships for students astatine the University of Ibadan and Ahmadu Bello University, benefiting astir 60,000 youths nationwide. OPay besides partnered with female-led SMEs and rolled retired inclusive fiscal literacy campaigns successful underserved areas. By initiating unafraid transactions and investing successful acquisition and sex empowerment, Gotring has repositioned OPay arsenic a fintech catalyst for societal bully successful Nigeria’s integer economy.

MoreMonee’s Dr. MO: Banking for the Next Generation

Dr. Mohammed Olatunji, the youngest Nigerian slope CEO, was recognised for MoreMonee’s explosive emergence arsenic the champion savings fintech app of the twelvemonth for impacting the mode young Nigerians attack redeeming and managing money. In 2024 alone, MoreMonee introduced a high-interest savings diagnostic called FutureBox, tailored to assistance mundane users physique wealthiness sustainably. It besides became 1 of the archetypal platforms successful Nigeria to motorboat a domestically issued debit paper successful concern with the Central Bank of Nigeria, AfriGO, and NIBSS, bringing localised power and outgo savings to users.

Apart from integer innovation, MoreMonee launched the "Operation Feed the Nation" initiative, its flagship societal interaction programme aimed astatine tackling nutrient insecurity successful underserved communities, straight linking fiscal inclusion to real-world needs.

The Power of Purpose, a Celebration with a Message

The Legit Business Names Awards aims to item the interaction of these innovators. Each victor has led real, measurable alteration successful however Nigerians access, use, and payment from fiscal services. These companies lick problems, amended lives, and accelerate economical inclusion crossed the country.

Rahaman Abiola, Editor-in-Chief of Legit.ng, remarked:

“What we’re witnessing successful Nigeria’s fintech abstraction is so innovative. These leaders are gathering enterprises and designing the aboriginal of however we transact, save, invest, and interact with wealth done the assistance of technology. The Legit Business Names Awards is our mode of telling these stories with volition and shining airy connected innovations that cater to existent quality needs. We judge that amplifying these voices volition assistance unfastened doors to much opportunities for growth, impact, and translation successful the sector.”

Adding to this, Felix Imoh, Public Relations Manager astatine Legit.ng and coordinator of the Awards, shared:

“These impactful stories are a reminder that fintech should beryllium people-focused and mission-driven. As these leaders are gathering systems that enactment for mundane Nigerians, we are profoundly joyful to springiness prominence to their successes and impact. We besides anticipation to ignite courageousness and creativity successful the adjacent procreation of tech entrepreneurs.”

As Nigeria continues to look arsenic a powerhouse of integer innovation, the 2025 Legit Business Names Awards reaffirms a captious truth: the aboriginal of concern is being built boldly and brilliantly by Nigerians. At the bosom of this translation is Legit.ng, utilizing the powerfulness of storytelling and tech-driven, ethical journalism to spotlight changemakers, amplify underrepresented voices, and animate a caller procreation of entrepreneurs. This grant bid is an inaugural celebrating occurrence and shaping the communicative of a continent connected the rise.

About Legit.ng

Legit.ng is Nigeria’s foremost integer media platform, committed to empowering readers done impactful journalism and uplifting African voices done data-driven stories, ocular narratives, and community-driven initiatives.

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Source: Legit.ng