Oui Capital was one of the earliest investors in Moniepoint, playing a crucial role in its growth and transition into a leading business banking and payments platform.

The recent funding round, led by Development Partners International, allowed Oui Capital to sell its shares, marking a significant milestone for the firm.

Oui Capital, an early-stage venture capital firm focused on Africa, has successfully returned its $4 million debut fund following a profitable exit from its investment in Moniepoint.

Tosin Enioluwadara, the co-founder and CEO of Moniepoint, acknowledged Oui Capital's strategic advisory support and investor introductions as vital to the company's success.

In 2022, Oui Capital launched its second fund, Mentors Fund 2, which closed at $12 million, significantly below its initial target of $30 million, with uncertain plans for future fundraising.