Moniepoint Unveils “Moniebook,” an All-in-One POS and Business Management System for Nigerian SMEs

Moniepoint Microfinance Bank has rolled out Moniebook, a new all-in-one Point-of-Sale (POS) and business management system aimed at transforming how Nigerian businesses operate. Designed for small and medium-sized enterprises as well as multi-location businesses, Moniebook is the first solution of its kind in the country to merge payments, bookkeeping, sales tracking, and business operations into a single platform.

According to the bank, Moniebook combines advanced software with durable hardware, giving entrepreneurs a seamless way to manage inventory, track sales, handle customer relations, process payments, and generate detailed reports all from one device. The goal, Moniepoint said, is to eliminate the inefficiencies caused by juggling multiple tools and to help businesses improve productivity and profitability.

“Whether it’s a supermarket, pharmacy, restaurant or boutique, Moniebook takes away the stress of daily operations—from preventing stockouts to managing staff and monitoring product expiry dates,” the company said in a statement.

Speaking at the launch, Moniepoint MFB Managing Director, Babatunde Olofin, noted that the product aligns with the bank’s mission to empower Nigerian businesses. “Our mission has always been to help businesses grow by giving them the tools they need to succeed. Moniebook is built to be a growth partner an entrepreneur’s single source of truth. With real-time visibility over sales, staff, customers and inventory, business owners now have the control they need to scale efficiently and securely,” he said.

The product has already gained strong traction during its beta phase. Over 4,000 businesses have onboarded, processing a total transaction value of ₦19 billion.

Head of Product for Moniebook, Oluwole Adebiyi, explained that the system was developed with a deep understanding of local business realities. “For years, SMEs have struggled with using multiple disconnected tools just to run basic operations. That complexity slows growth. With Moniebook, a supermarket owner or a restaurant operator doesn’t need five different systems anymore. Everything is now in one place fast, secure and scalable,” he said.

He added that simplifying business operations will allow entrepreneurs to focus on serving customers and expanding their enterprises. “This is another step in our commitment to building a thriving business ecosystem in Nigeria,” Adebiyi stated.