Moniepoint Inc. has clarified headlines about a £1.2 million loss booked by its UK subsidiary, Moniepoint GB, for the 2024 financial year, stating the figure reflects early-stage set-up costs rather than a trading shortfall. Recently filed regulatory documents show the African fintech recorded the loss in its first year of operations in the United Kingdom. … Continue reading Moniepoint Clarifies £1.2m First-Year UK “Loss” as Set-Up Spend Amid Strategic Expansion