# Tosin Eniolorunda

> Tosin Eniolorunda is the Nigerian engineer and entrepreneur who co-founded TeamApt with Felix Ike in 2015 and leads the business now known as Moniepoint Group. His career spans Interswitch, software for banks, merchant payments and business banking; his foundation supports STEM education and entrepreneurship in Nigeria.

- **Role:** Co-founder and Group CEO at Moniepoint Group
- **Organizations:** Moniepoint Group, Tosin Eniolorunda Foundation, Interswitch, Endeavor
- **From:** Lagos, Nigeria
- **Nationality:** Nigerian
- **Education:** B.Sc. Mechanical Engineering, Obafemi Awolowo University
- **Known for:** Co-founded and scaled Moniepoint from a bank-software provider into a payments and banking group., Selected as an Endeavor Entrepreneur in 2021 alongside co-founder Felix Ike., Led Moniepoint through a Series C financing that closed above $200 million in 2025.

## Career timeline

- **2005** — Interned at Schlumberger in Port Harcourt.
- **2007** — Graduated from Obafemi Awolowo University with a mechanical engineering degree.
- **2009** — Joined Interswitch as a software engineer; subsequently worked in technical leadership and product management.
- **2015** — Co-founded TeamApt with Felix Ike, initially building software for banks.
- **2019** — Shifted focus toward direct customer products, including the Moniepoint agency banking platform.
- **2021** — Selected as an Endeavor Entrepreneur alongside Felix Ike.
- **2022** — Moniepoint received its banking licence in February and launched its business bank in April.
- **2023** — TeamApt Inc. adopted the name Moniepoint Inc.
- **2024** — Moniepoint announced a $110 million Series C first close and attained a valuation above $1 billion.
- **2025** — Moniepoint announced the completed Series C at over $200 million.
- **2026** — Announced university innovation-hub commitments and was named to TIME100 Next.

## Achievements

- Co-founded and scaled Moniepoint from a bank-software provider into a payments and banking group.
- Selected as an Endeavor Entrepreneur in 2021 alongside co-founder Felix Ike.
- Led Moniepoint through a Series C financing that closed above $200 million in 2025.
- Named to TIME100 Next 2026; Tony Elumelu wrote his tribute.

## Latest updates

- **2026-10** — Named to TIME100 Next 2026, with a tribute by Tony Elumelu.
- **2026-05** — A ₦3 billion innovation-hub commitment was announced for Obafemi Awolowo University, Ahmadu Bello University and the University of Nigeria, Nsukka.
- **2026-04** — Published “Clarity and Context: Lessons on Execution, Alignment, and Scale.”
- **2026-02** — Appeared on OuiTalkPod to discuss his early life, Moniepoint and the future of work.
- **2026-01** — Moniepoint reported that its microfinance bank disbursed more than ₦1 trillion in credit during 2025.
- **2025-10** — Moniepoint announced completion of its Series C at over $200 million.

## Links

- Website: https://www.tosineniolorundafoundation.com/
- LinkedIn: https://www.linkedin.com/in/tosin-eniolorunda-46833618/
- Twitter/X: https://x.com/Eniolorunda
- Instagram: https://www.instagram.com/tosin_eniolorunda/

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Profile page: https://yespress.io/tosin-eniolorunda
Published by YesPress — https://yespress.io
Last updated: 2026-10-23