Full-Time
Senior Backend Engineer
Java
Posted on 2/26/2026
Moniepoint Group
5,001-10,000 employees
Fintech platform providing payments and banking
No salary listed
Bengaluru, Karnataka, India
Hybrid
 Software Engineering (1) |
|---|
- Bachelor’s or Master’s degree in Computer Science, Engineering, or a related technical discipline.
- 5+ years of hands-on professional experience in software engineering, with a strong emphasis on backend development.
- Deep expertise in Java and Spring Boot, with a solid grasp of modern backend architecture and engineering best practices.
- Proven experience designing, building, and scaling web services, RESTful APIs, and distributed systems.
- Working knowledge of Agile development methodologies and CI/CD pipelines.
- Strong proficiency with relational databases and ORM frameworks (e.g., Hibernate).
- Exposure to frontend technologies such as AngularJS or React is a plus.
- Excellent debugging and troubleshooting abilities, with a structured approach to problem-solving.
- Strong communication skills and a collaborative, team-first mindset.
- Collaborate closely with cross-functional teams (Product, Design, and QA) to conceptualize, design, and deliver high-impact features.
- Architect and build scalable, high-performance backend services using Java and Spring Boot.
- Produce clean, maintainable, and well-documented code with a strong emphasis on reliability and testability.
- Seamlessly integrate third-party services and APIs, ensuring robust error handling and graceful degradation.
- Continuously enhance system performance and developer experience through thoughtful automation and refactoring.
- Diagnose and resolve complex issues across the stack while proactively identifying opportunities for technical improvements.
- Actively contribute to code reviews and architecture discussions, promoting engineering best practices across the team.
- Maintain clear documentation of technical decisions, systems, and processes to support transparency and long-term scalability.
Moniepoint provides an all-in-one fintech platform for businesses and individuals in emerging markets, combining payments, banking, and business-management tools. Its product lets users accept digital payments, perform instant transfers and bill payments, manage expenses with cards, and handle accounting or bookkeeping, plus access working-capital loans to grow inventory and expansion. The platform is an integrated hub, built to serve many small businesses on a single system rather than through separate apps, supported by a large and active user base. Its goal is to expand financial inclusion and foster local economic growth by offering accessible, end-to-end financial services.
Company Size
5,001-10,000
Company Stage
Series C
Total Funding
$265.6M
Headquarters
London, United Kingdom
Founded
2015
Simplify's Take
What believers are saying
- $110M Series C in October 2024 yields $264M 2023 revenue surpassing peers.
- Orda acquisition targets Nigeria's $19.31B food market by 2030.
- CNG credit partnership April 2026 drives transport SME lending growth.
What critics are saying
- Alerzo defaults on ₦4.38B January 2025 loan, eroding Moniepoint reserves.
- Nigeria's senior tech talent shortage delays execution versus Flutterwave.
- Mono fragments payments market share through open banking access.
What makes Moniepoint Group unique
- TeamApt switch processes 60% of Nigeria's POS transactions daily.
- Moniepoint MFB, CBN-licensed since February 2022, serves 20 million users.
- Moniebook integrates Orda's restaurant software acquired March 2026.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Health Insurance
Flexible Work Hours
Paid Vacation
Growth & Insights and Company News
6 month growth
↑ 42%1 year growth
↑ 44%2 year growth
↑ 44%Tayo Oviosu steps down as Paga Nigeria CEO, names Opeyemi Oyinloye as successor. Oviosu is not leaving the company; he's moving into a broader role as Group CEO of Paga Group, where he'll focus on expanding the brand across Africa and exploring new technologies like artificial intelligence (AI) and digital currencies. After 17 years of leading one of Nigeria's most successful fintech companies, Tayo Oviosu, founder of Paga, has stepped down as CEO of Paga Nigeria. He announced the transition in early April 2026, confirming that Opeyemi Oyinloye, formerly the company's General Manager of Business Operations, will take over as Acting CEO, pending approval from the Central Bank of Nigeria (CBN). Oviosu is not leaving the company; he's moving into a broader role as Group CEO of Paga Group, where he'll focus on expanding the brand across Africa and exploring new technologies like artificial intelligence (AI) and digital currencies. Important matters. This leadership change marks a major milestone for Paga. Since its founding in 2009, the company has grown from a small startup into one of Africa's leading digital payment platforms. Oviosu's decision to step back from day-to-day operations allows him to concentrate on Pan-African expansion, targeting markets such as Kenya, Ghana, and Ethiopia. Meanwhile, Oyinloye's appointment ensures continuity. Known for his operational expertise and customer-focused leadership, he's expected to maintain Paga's strong performance in Nigeria while supporting the company's broader growth strategy. Paga's journey so far. Under Oviosu's leadership, Paga has become a household name in Nigeria's fintech space. The platform now serves over 22 million users and works with more than 140,000 agents nationwide. Since launch, it has processed over $50 billion in transactions, offering services like mobile payments, money transfers, bill payments, and merchant solutions. These achievements have positioned Paga alongside major competitors such as Opay, PalmPay, and Moniepoint, all of which are driving Nigeria's digital finance revolution. Oviosu is widely respected for his vision of financial inclusion, using technology to make payments simple and accessible for everyone. His next chapter as Group CEO will focus on scaling that vision across Africa. Oyinloye, on the other hand, brings years of experience managing Paga's internal systems and customer engagement. His leadership style emphasises efficiency and innovation, making him a natural fit to lead the Nigerian operations. Paga next move. With Oviosu now steering the group's international strategy and Oyinloye leading locally, Paga is entering a new era. The company plans to: * Expand into new African markets. * Integrate AI and blockchain to improve transaction speed and security. * Strengthen partnerships with banks, telecoms, and global payment networks. This transition signals Paga's readiness to compete more aggressively in Africa's $200 billion digital payments industry while maintaining its Nigerian root mission, which is making financial services accessible to everyone, everywhere. Help others discover this content
Moniepoint launches sixth edition of Women in Tech internship with "There is Space for You" Campaign. 1 hour ago March 31, 2026 Moniepoint Inc., a digital financial services provider and Africa's fastest-growing financial institution, has announced the opening of applications for the 2026 edition of its Women in Tech internship programme, now in its sixth year and continuing to expand its reach across the country. Launched under the theme, There is Space for You, this year's campaign is a direct invitation to women across Nigeria who have the talent, the drive, and the ambition but access has been a challenge. The choice of the theme reflects intentionality as despite significant progress in recent years, women continue to account for just 25% of Nigeria's tech workforce, even as they represent nearly half the population and 22% of annual STEM graduates. Moniepoint's Women in Tech programme has spent five years working to close the gap and facilitate access for women. Building on the success of last year's "Dream 15" cohort, the programme's largest intake to date, the 2026 edition continues to scale, offering an expanded number of roles across some of the most sought-after disciplines in the industry which include Cloud Engineering, Frontend and Backend Engineering, Data Engineering,, Systems Administration, Product Management, Information Security, Mobile Engineering, Site Reliability Engineering, These roles represent the technical foundations on which the future of digital finance in Africa is being built, and Moniepoint wants women at the centre of that work. Successful applicants will receive a competitive salary, work tools, branded merchandise, and direct mentorship from experienced practitioners across the business. As with previous cohorts, participants who demonstrate strong performance will be considered for full-time employment, a pathway that has already transformed the careers of women from the programme's earliest editions. The human evidence of that transformation is what anchors this year's campaign. With over 8,000 applications received last year, and 15 interns selected, young women like Uzoamaka Anyaegbuna, Adaeze Ugwumba, Iyinoluwa Akenroye, Loveth Abang, and Bisola Abimbola joined the programme as interns and have since become what Moniepoint calls "DreamMakers", full-time employees who are building technical systems, leading projects, and shaping the company's product from the inside... A common critique of internships is that they lack substance. Bisola Abimbola's experience at Moniepoint was the opposite; she was treated as a peer from day one. "I can confidently say the internship was one of the best things that's happened in my career. I was given real product ownership, working on multiple projects and driving them forward like an actual product manager, not just observing from the sidelines. Projects were thrown at me with an implicit question: 'Can you handle this?' I had to step up, own the outcomes, and actually deliver. That experience made me comfortable with the autonomy and accountability I now have. This hands-on experience made all the difference and solidified my resolve that this is exactly where I'm meant to be." Chinaza Nduka-Dike, Head, People Operations at Moniepoint Inc., expressed the company's continued commitment to the initiative. "With the Women in Tech programme, we are not just inspiring inclusion, we are actively creating sustainable pathways for women to thrive in the tech industry. "This is a space where diversity fuels innovation, and through programmes like this, we are empowering women to take on leadership roles, develop crucial skills, and shape the future of technology. The progress we have seen across five cohorts, where alumni have gone on to make significant contributions to the company and the wider tech ecosystem, fills us with pride. There is space for the next generation, and we are ready for them." The launch of the 2026 campaign arrives at the close of Women's Month, and forms part of Moniepoint's broader commitment to the United Nations Sustainable Development Goal 5 on Gender Equality. These initiatives reflect a consistent institutional conviction: that empowering women is not a check box or tokenistic gesture, but an ongoing responsibility that demands sustained investment across access, skills, and belonging. Applications open March 30, 2026. The programme is open to women across Nigeria who are looking to begin or pivot their careers in technology, whether self-taught or formally trained. Further information on available roles and how to apply is available at the Women in Tech website, https://womenintech.moniepoint.com Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd Communications & Media Studies
Moniepoint Inc., Africa's all-in-one financial ecosystem platform, has acquired Orda Africa, a cloud-based restaurant management platform operating in Nigeria. Orda, which has raised over $4.5 million in funding, is estimated to be valued between $10 million and $20 million. Orda will be integrated into Moniebook, Moniepoint's Point-of-Sale and business management platform launched in 2025. The acquisition targets Africa's $50 billion food service industry, with Nigeria's market projected to reach $19.31 billion by 2030. Founded in 2020, Orda provides software for small and independent restaurants to manage operations efficiently. The integration will give food businesses access to Moniepoint's ecosystem, which processes over $250 billion in digital payments annually and serves 20 million customers.
Moniepoint buys Orda to capture Africa's $50bn restaurant economy. March 23, 2026 Nigerian fintech company Moniepoint Inc. has acquired restaurant management startup Orda Africa in a move aimed at expanding its reach into Africa's fast-growing food service industry, a sector estimated to be worth about $50 billion across the continent. The deal integrates Orda's cloud-based restaurant software into Moniepoint's business management platform, Moniebook, allowing food vendors and restaurants to manage orders, payments, inventory and accounting from a single system. Discover more Business Conference Tickets Financial market data platform Aviation Industry Insights The acquisition highlights a wider shift among African fintech firms that are moving beyond payments to offer operational tools and credit to small businesses, especially those in the informal economy. Tosin Eniolorunda, Moniepoint co-founder and group CEO, said the food sector represents one of the most active but underserved parts of Africa's economy. "The food industry is a major source of jobs and daily survival for many Africans," Eniolorunda said, adding that many businesses still rely on manual processes and disconnected tools. The move reflects a growing competition among financial technology firms to control the digital infrastructure behind small businesses, particularly restaurants, which generate frequent transactions and require working capital. Africa's food service market is expanding quickly as urban populations grow and more consumers eat outside the home. Nigeria alone is projected to see its restaurant market reach about $19.3 billion by 2030, growing at an annual rate of more than 11 percent. Founded in 2020, Orda built software designed for small and independent restaurants that previously operated without digital systems. The company's tools help businesses track orders, manage kitchen workflows and monitor stock levels. Guy Futi, Orda CEO, said joining Moniepoint would allow the company to connect operational data from restaurants with financial services such as payments and credit. Discover more Financial planning tools Business Intelligence Reports Business news subscription service "To truly transform the industry, we needed to connect that expertise with comprehensive financial infrastructure," Futi said, adding that customers would continue to use the platform while gaining access to new services. Moniepoint, founded in 2015 by Eniolorunda and Felix Ike, has grown rapidly in Nigeria's fintech sector. The company says it serves more than 20 million businesses and individuals and processes over $250 billion in digital payment transactions annually. The company is one of the country's largest merchant acquirers, powering a significant share of point-of-sale transactions across Nigeria. The acquisition also signals how fintech firms are increasingly targeting specific sectors rather than offering generic financial services. Restaurants and food vendors are particularly attractive because they generate daily transactions and rely on steady supply chains, creating opportunities for lending and financial data analysis. Experts say digitising restaurant operations could help unlock access to credit for many small food businesses that struggle to obtain loans due to poor record keeping. By integrating Orda's tools, Moniepoint could gain deeper insights into how restaurants operate, from sales patterns to inventory cycles, allowing it to develop lending products tailored to the sector. The move may also intensify competition in Africa's growing food-tech space, where startups are building tools for restaurants, delivery platforms and supply chains. However, industry observers note that many independent food businesses still operate offline, suggesting large untapped potential. For Moniepoint, the acquisition fits a broader strategy of building a full financial ecosystem around African small businesses, rather than focusing only on payments. For millions of food entrepreneurs across the continent, from roadside food vendors to large restaurant operators, the deal could mean easier access to digital tools and financing, two factors analysts say will shape the next phase of growth in Africa's informal economy. Discover more International trade consulting Corporate Profile Service Royal Ibeh is a senior journalist with years of experience reporting on Nigeria's technology and health sectors. She currently covers the Technology and Health beats for BusinessDay newspaper, where she writes in-depth stories on digital innovation, telecom infrastructure, healthcare systems, and public health policies. Join BusinessDay whatsapp Channel, to stay up to date
Hundreds of new UK and Nigeria jobs as companies confirm millions in investment. Spread the love Nigerian companies including LemFi, Kuda, Moniepoint and Fidelity Bank expand UK operations. Major boost to Northwest economy as Zenith Bank opens new Manchester branch. Twinings Ovaltine opens £24 million Lagos manufacturing facility, as President Tinubu heads to the UK for historic State Visit this week. Hundreds of new jobs are set to be created as Nigerian banks, fintech innovators and creative industry businesses scale up their operations in Britain. The move will see millions invested, reinforcing the UK's position as a leading global business hub, backed by world-class talent, strong access to capital, and a stable regulatory environment - while showcasing Nigeria's expanding role as a key source of innovation and investment into the UK, growing both economies. UK's Twinings Ovaltine has launched a £24 million manufacturing facility in Lagos, its first in Africa, creating over 100 direct jobs and boosting the company's exports across West Africa. It comes as the President of the Federal Republic of Nigeria, Mr. Bola Ahmed Tinubu, accompanied by the First Lady, Mrs. Oluremi Tinubu, are set to commence an historic State Visit on Wednesday [tomorrow, 18th March], strengthening the UK's position as a global hub for African business. Thanks to the UK's Trade and Industrial Strategies - combined with commitments made through the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) - the government is attracting investment into key growth sectors including financial services, technology, education and advanced manufacturing. The Deputy Prime Minister held an ETIP reception yesterday at Kensington Palace, bringing together 180 senior representatives from government and industry to celebrate the breadth, depth, and continued growth of its trade relationship across priority sectors including financial services, education, creative industries, infrastructure and technology. The UK's Trade Envoy to Nigeria, Florence Eshalomi, also addressed the group. Business and Trade Secretary Peter Kyle said: "The UK and Nigeria share a belief in the power of enterprise, innovation and education to transform lives, and today's commitments show exactly that. With Nigerian firms creating jobs across the UK and British businesses expanding into one of the world's fastest growing markets, our partnership is strengthening both economies and delivering real benefits for people in both countries." Deputy Prime Minister David Lammy said: "The UK and Nigeria's Strategic Partnership is bringing momentum and opportunity to innovators in both our countries. We are reducing barriers, creating jobs and opening new pathways for growth. Growth is the core mission of this government, and it underpins our relationship with Nigeria. I am deeply proud that the cultural and commercial bonds between our nations are thriving and that both our businesses and people are feeling the benefits of that." Zenith Bank, one of Nigeria's largest financial institutions, opens its Manchester branch today [Tuesday 17 March] with the capacity to create up to 30 new direct jobs in a boost for the Northwest economy. The bank is also exploring a 2027 London Stock Exchange listing to deepen its UK market presence and unlock long-term funding for UK-Africa growth. Fidelity Bank's acquisition and rebrand of Union Bank UK into FidBank UK with plans to double its 62-person workforce in 2026 and add new capital, while the Fidelity Group makes London its global hub. FCMB has also selected the UK as the first international destination for its digital cross border payments platform, boosting trade and investment flows between Africa and the rest of the world. Seven Nigerian banks now operate in the UK, supporting at least 1,000 jobs in total. Dame Dr. Adaora Umeoji OON, Group Managing Director/CEO, Zenith Bank PLC said: "The United Kingdom remains a key global financial centre. The opening of Zenith Bank, Manchester, therefore, marks another important milestone in our international expansion strategy, enabling us to deepen relationships with our customers, support trade and investments, and connect businesses between Africa and the UK more effectively." Nigerian fintech investment is also accelerating rapidly: LemFi will invest £100 million over the next five years as it designates London its global headquarters. Moniepoint plans to grow its London based team to 100 employees in 2026, building the infrastructure that supports millions of African users worldwide. Kuda Bank is strengthening its UK headquarters as the base for global expansion and plans to double its UK footprint in 2026. The UK's reputation as a global creative capital also continues to deepen ties through: EbonyLife, one of Nigeria's leading creative industry brands, will launch EbonyLife Place London, creating up to 40 new jobs and strengthening the UK's role as a home for African storytelling and creative talent. The SCALE Creative Entrepreneur Award Programme, developed by the British Council and supported by the Department for Business and Trade, will support young Nigerian and UK creative entrepreneurs to grow internationally and build lasting ties to benefit both the UK and Nigerian creative economies.' The UK Advertising Exports Group will announce a strategic partnership with the Nigerian advertising sector. This will include a UK-Nigeria Advertising Summit taking place later this year and a talent exchange scheme which will deepen bilateral engagement. The British Council and the Federal Ministry of Art, Culture, Tourism and Creative Economy in Nigeria, will deliver the UK/Nigeria Season of Culture in 2028, involving a range of innovative initiatives and events designed by UK and Nigeria creative organisations. A Creative Industries Roundtable at Lancaster House will bring together alumni, Chevening scholars and creative leaders from both countries. The following British businesses are also set to benefit thanks to: Twining's Ovaltine launching a £24 million manufacturing facility in Lagos, its first in Africa, creating over 100 direct jobs and boosting the company's exports across West Africa. British fintech Wise will receive approval for its first Nigerian licence, enabling it to expand in a remittances market valued at up to £39.9 million. The Nigeria Sovereign Investment Authority (NSIA), has signed an agreement with Asset Green Ltd to explore a largescale integrated dairy project that will strengthen Nigeria's dairy value chain, reduce reliance on imports and improve nutrition. Leading UK universities are also expanding into Nigeria, helping train the next generation of Nigerian and British scientists, technologists and innovators. Nigeria is a key education partner and a priority country for the UK's International Education Strategy. The University of Birmingham and the University of Lagos have signed a new agreement to deliver programmes in Applied AI, Digital Communications and Global Surgery. The LSE has launched a new Data Science partnership with Nile University of Nigeria alongside the University of the West of England opening a dedicated office in Lagos. Wellington College International Lagos will open in 2027, offering places for 1,500 students - becoming one of West Africa's flagship British curriculum schools. EStars, a UK-owned educational esports and technology company, will partner with the Lagos State Ministry of Basic and Secondary Education to deliver esports-based digital learning programmes to around three million students.