Moniepoint, one of Nigeria’s leading fintech companies, has officially launched Moniebook, an integrated Point-of-Sale (POS) and inventory management platform designed specifically for small and medium-sized enterprises (SMEs). The platform combines payment processing, sales tracking, inventory oversight, staff management, and reporting into a single, unified system, providing business owners with a seamless and efficient way to manage their operations.
The launch addresses a persistent challenge for many SMEs: juggling multiple business functions across separate, often disconnected tools. Moniebook allows business owners to monitor stock levels in real-time, track sales trends, and gain valuable insights through detailed analytics — all without needing separate systems for payments, accounting, or inventory. This consolidation is expected to save time, reduce operational errors, and improve overall efficiency.
Key features of Moniebook include:
Real-time inventory tracking: Merchants can easily monitor stock levels, identify low-stock items, and plan reorders efficiently.
Integrated payments: The solution leverages Moniepoint’s robust payment infrastructure, enabling seamless and secure transaction processing.
Sales reporting and analytics: Detailed reports provide actionable insights to inform business decisions, optimize sales, and enhance profitability.
Staff and multi-location management: Businesses with multiple branches can manage operations from a centralized dashboard, improving control and oversight.
During its beta phase, Moniebook was tested by over 4,000 businesses, processing more than ₦19 billion in transactions. Early feedback from participating merchants highlighted improvements in operational efficiency, transparency, and business performance, indicating a strong potential for market adoption.
Babatunde Olofin, Managing Director of Moniepoint MFB, described Moniebook as a “growth partner” for SMEs, emphasizing that the platform was designed not just for payment management but to oversee the entire business operation from one interface. He noted that the solution addresses the unique challenges faced by small and medium-sized enterprises, particularly in Nigeria’s fast-growing retail and service sectors, where digitization can significantly impact growth and profitability.
The introduction of Moniebook also aligns with Moniepoint’s broader strategy to digitally empower SMEs. By offering a single platform for POS and inventory management, the company seeks to minimize operational friction, reduce human error, and enable data-driven decision-making. For merchants, this represents an important step in business digitization, providing access to modern financial and operational tools that were previously accessible mainly to larger companies.
Industry analysts observe that platforms like Moniebook are particularly vital in emerging markets, where SMEs often operate under resource constraints and struggle to access affordable, scalable business solutions. By integrating payment processing and operational management, Moniepoint is helping businesses save time, cut costs, and make smarter decisions, ultimately driving growth and sustainability.
With Moniebook now live, Moniepoint continues to solidify its position as a fintech innovator in Nigeria, expanding beyond traditional payments to deliver comprehensive business solutions. The platform underscores the company’s commitment to supporting SME growth, fostering financial inclusion, and accelerating digital transformation across Africa’s business landscape.
