BMONI Sparks Financial Transformation in Nigeria with Innovative Wealth Platform
BMONI, an AI-forward financial platform, officially launched in Nigeria on October 11, 2025, with the ambitious goal of redefining how Africa's young professionals and small business owners save, spend, and grow wealth. This launch signifies a strategic move to disrupt traditional banking services by offering smarter and more affordable solutions without the typical limitations. The platform aims to provide a financial bridge for a generation eager to operate beyond conventional borders.
The innovative platform integrates modern technologies such as Stablecoins and artificial intelligence to deliver compliant, bank-like services. BMONI empowers users to seamlessly create multi-currency accounts, save in US dollars, and access both virtual and physical Mastercard debit cards. These cards are accepted at over 100 million merchants globally, providing unparalleled access and flexibility.
Security is a foundational pillar for BMONI, incorporating 22 awarded patents for its biometric technology, best-of-breed encryption, and strategic partnerships with licensed financial institutions. These measures ensure that every transaction is secure and every account is meticulously protected. The platform's clean and intuitive interface harmonizes fintech sophistication with world-class security features, building trust and ease of use.
Jørn Lyseggen, Founder & CEO of BMONI, highlighted Nigeria's significance as 'the beating heart of Africa’s tech revolution,' emphasizing the country’s sophisticated and tech-savvy user base. He articulated BMONI's mission to equip Nigeria’s 'movers and shakers' with world-class financial tools, fostering active participation in the global economy. Gbenga Oyebode, an advisor to BMONI, underscored the platform's respect for the Nigerian market and its vision for unlocking financial inclusion at scale through technology.
BMONI boasts a proven team led by Jørn Lyseggen, a global serial entrepreneur and investor with over 18 years of experience supporting technology startups across Africa through MEST Africa. Lyseggen is also the founder of Meltwater, a global leader in media intelligence. Ashwin Ravichandran, Head of Product at BMONI, emphasized that Nigerians seek 'freedom, ownership and opportunity' beyond traditional banking. He noted the significant fintech activity in Nigeria, where 70% of the population is under 35 and fintech transactions surpass 9 trillion Naira monthly, positioning BMONI to offer a smarter way to save in stable assets, earn more on Naira, and transact seamlessly in a digital world. The international product and engineering team spans Nigeria, Ghana, Chicago, San Francisco, Norway, and London, blending Silicon Valley scale with profound African insights.
To commemorate its launch, BMONI is hosting a series of community events across Lagos throughout October, including an exclusive invite-only launch party on Victoria Island. Additionally, BMONI is a proud sponsor of Moonshot, Africa’s leading technology and innovation event, where the team will engage directly with entrepreneurs, creators, and innovators, sharing insights on how financial technology can drive inclusion and prosperity across the continent.
In essence, BMONI stands as the future of finance, built in Africa for the world, combining fresh thinking with modern technology like Stablecoins and AI. With security as its unwavering foundation and community as its central purpose, BMONI aims to provide smarter and cheaper bank-like services, free from conventional banking limitations.
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