Intro to Monnify

What is Monnify

The financial engine for every business.

Monnify is an all-in-one payment powerhouse designed specifically for businesses to accept payments from customers in the most seamless way possible. We don't just process payments; we provide the infrastructure you need to move money smartly.

Monnify provides the most convenient payment methods for customers while offering the highest success rates for transfer-based payments in Nigeria. Whether your customers are paying online via your website, or offline via an agent, we ensure you do not miss a sale.

Why Monnify

Simplify your entire financial lifecycle. Monnify allows you to:

• Grow Revenue: Never lose a customer. Close more sales with seamless, secure, and innovative multi-channel payments designed to maximize conversions.
• Stay Liquid: Improve your cashflow with fast settlements and flexible payout options that do not slow your business down.
• Grow Faster: From onboarding to integration, get live in minutes with our low-code/no-code tools, SDKs, and robust APIs.
• Build Smarter: Track and optimize performance with detailed, transparent reporting and insights that put you in control.

Our Story: How we Changed Payments in Nigeria

We revolutionized payments. 

Back in 2019, we discovered a critical challenge in the Nigerian payment network. Bank transfers were common for individuals but too slow and unreliable for businesses to use on a large scale. 

We saw a better way. We partnered with Providus bank to devise a solution to that, which led us to engineer the concept of Virtual accounts for instant online payments.

Monnify was born to bring this innovation to life. We became the first payment gateway in Nigeria to offer Virtual account services, forever changing how businesses collect money.

What is Monnify Today

Seamless. Secure. Innovative. 

Monnify is not just a gateway; it is the engine behind your business's financial operations. We provide a comprehensive suite to integrate frictionless payment functionality directly into your internal applications.

Who can use Monnify

Built for every stage of growth.

From the solo entrepreneur to the biggest banks, Monnify scales with you.

• Starter Businesses: No CAC? No problem. Sign up as a Starter Business and begin accepting payments immediately. Focus on your hustle, we handle the heavy lifting.
• Registered Businesses: For established companies seeking reliable and customizable API integrations 

Built for every sector.

If payment is at the core of your business, Monnify is built for you. We offer robust operations across various sectors, some of which are: 

• Education
• Retail
• Logistics & Mobility
• Gaming
• Corporate

See our list of supported business

Trusted by Industry Leaders

Join the 100,000+ merchants and 27 Nigerian Banks that rely on our infrastructure.  We provide the payment infrastructure for:

Fintech: 

• Cowrywise
• PiggyVest
• Risevest
• Bamboo 
• Wallets Africa
• Bankly

Commerce: 

• Jumia
• Item7Go
• OLAM
• CrowdForce 
• Thrive Agric

Ready to Grow?