Tosin Eniolorunda is a prominent figure in the Nigerian fintech landscape, serving as the co-founder and CEO of Moniepoint Inc. Under his leadership, Moniepoint has emerged as a major player in providing digital financial services to businesses and individuals across Nigeria. Tosin’s vision for financial inclusion and innovation has helped transform the way people engage with financial services in the country.
Profile Summary
| Full Name | Oluwatosin Michael Eniolorunda |
| Date of Birth | September 11, 1985 |
| Place of Birth | Lagos, Nigeria |
| Nationality | Nigerian |
| State of Origin | Ondo State |
| Occupations | Entrepreneur, CEO of Moniepoint Inc. |
| Net Worth | $30 million (as of January 2025) |
Early Life and Education
Tosin Eniolorunda was born on September 11, 1985, in Lagos, Nigeria, into a family that valued education and hard work. He hails from Ose Local Government Area in Ondo State but spent much of his formative years in Ibadan, Oyo State.
Growing up in a bustling urban environment, Tosin was exposed to various cultures and ideas, which sparked his interest in technology and entrepreneurship.
Tosin pursued his higher education at Obafemi Awolowo University (OAU), where he studied Mechanical Engineering. His time at OAU was marked by a strong academic performance and involvement in various extracurricular activities.
It was during this period that he developed a keen interest in technology and its potential to solve real-world problems. This passion would later guide him toward a successful career in the fintech sector.
Career
After graduating from university, Tosin began his professional journey at Interswitch, one of Nigeria’s leading payment processing companies. His tenure there allowed him to gain invaluable experience in the financial technology space, where he honed his skills in product development, strategic planning, and operations management.
Over the years, he rose through the ranks to hold senior positions, contributing significantly to the company’s growth.
Founding Moniepoint
In 2015, Tosin co-founded TeamApt, which was initially focused on providing payment solutions for businesses. The company quickly gained traction and became known for its innovative approach to financial services.
In 2021, TeamApt rebranded as Moniepoint Inc., expanding its offerings to include a comprehensive suite of financial services tailored for small and medium-sized enterprises (SMEs).
Under Tosin’s leadership, Moniepoint has introduced various products such as digital banking solutions, payment processing systems, and business management tools that empower entrepreneurs across Nigeria.
Personal Life
Tosin Eniolorunda maintains a relatively private personal life but is known to be family-oriented. He is married and has children, balancing his professional commitments with his role as a husband and father. Tosin is also passionate about mentoring young entrepreneurs and often engages in initiatives aimed at fostering innovation among the youth.
Net Worth
As of 2025, Tosin Eniolorunda’s estimated net worth is around $30 million. This wealth has been accumulated through his successful ventures in the fintech industry, particularly through Moniepoint’s rapid growth and expansion.
His financial success reflects not only his entrepreneurial acumen but also the increasing importance of digital financial solutions in Nigeria and beyond.
Achievements and Impact
Tosin’s leadership has not only propelled Moniepoint to success but has also had a significant impact on Nigeria’s fintech ecosystem. The company has attracted substantial investments from global venture capital firms and has been recognized for its contributions to financial inclusion in Africa. Tosin is often invited to speak at industry conferences and forums, where he shares insights on fintech trends and the future of digital finance.
