TeamApt Limited

TeamApt Limited is a CBN-licensed switching and processing company that provides payment infrastructure for banks, merchants, and their customers in Nigeria and across Africa.

Key capabilities include:

• Switching solutions for industry payment routing, including inter-bank transfers and the Juliana switch.
• Third-party processing with end-to-end processing services for banking use cases, including acquirer and issuer processing, plus authentication and tokenization.
• Direct-to-bank solutions that support direct processing of customer transactions, including direct debit and the Aptpay Transaction Switch.
• Support for point-of-sale (POS), interbank transfers, and web payments as part of its payments processing stack.

It primarily serves B2B customers, including banks, SMEs and merchants that rely on POS payments, and financial services operators that need switching and processing infrastructure.

It is available via API and web.

In the Nigerian market, it is notable for its scale and industry recognition: the business rebranded its flagship product to Moniepoint and, per the research brief, has supported high transaction volumes, served hundreds of thousands of businesses, expanded into agency banking and microloans, and won the Central Bank of Nigeria’s National Inclusive Payment Initiative Award.