Looking for the updated Moniepoint Microfinance Bank salary and allowance structure in Nigeria? You're not alone. Many customers, fintech job seekers, fresh graduates, and service providers are curious about how Moniepoint Microfinance Bank pays its staff, what benefits they get, and how the compensation compares to other banks.
Whether you're planning to work as a teller, relationship officer, branch manager, or fintech support staff, this guide gives you everything you need to know starting from entry-level pay, allowance packages, annual bonuses, career growth, and working environment at Moniepoint Microfinance Bank.
Who Is Moniepoint Microfinance Bank?
Moniepoint Microfinance Bank is a Nigerian fintech-focused microfinance bank that emerged from the Moniepoint platform (formerly TeamApt). It provides banking services, payments, POS terminals, loans, and business banking primarily to small business owners, retail customers, and merchants.
Licensed by the Central Bank of Nigeria (CBN) as a microfinance institution, Moniepoint has quickly grown to serve millions through digital, merchant and agent-based banking. The bank runs branches and offices across Nigeria and attracts a new generation of fintech-savvy professionals.
Salary and Allowance Overview: What to Expect in 2025
In 2025, the Moniepoint Microfinance Bank salary structure is shaped by the fintech culture, focusing on competitive pay at all levels, with emphasis on incentives, performance bonuses, and professional growth.
Below is a general overview of the monthly salary ranges by role:
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Entry-Level (Tellers, Agents): ₦120,000 – ₦180,000
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Customer Service / Relationship Officers: ₦180,000 – ₦300,000
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Branch or Merchant Banking Managers: ₦350,000 – ₦700,000
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Operations / Risk Managers: ₦400,000 – ₦800,000
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District or Zonal Managers: ₦600,000 – ₦1,200,000
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Senior Management (Marketing, Finance, Tech Leads): ₦800,000 – ₦2,500,000+
Allowances and benefits vary by role, location, and performance.
1. Entry-Level Salary Structure at Moniepoint
Who falls under entry-level?
Entry-level roles at Moniepoint include:
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Tellers or POS Agents (in branches or merchant onboarding)
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Junior Customer Support Officers
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Operations Assistants
Monthly Salary Range
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₦120,000 – ₦180,000 per month
This amount includes base salary and basic allowances. The Moniepoint Microfinance Bank salary for this level is fair compared to other microfinance banks.
Allowances and Perks
Entry-level employees may receive:
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Transport Allowance: ₦20,000 – ₦40,000 monthly depending on location
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Staff lunch or feeding subsidy
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Health insurance (HMO)
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Mobile data or airtime stipend
Career Growth
After 12–18 months, high performers often move to Relationship Officer or Assistant Manager roles, with higher pay and benefits.
2. Customer Service & Relationship Officer Pay
Role Overview
Relationship Officers at Moniepoint manage merchant and customer relationships, help with POS onboarding, service accounts, collect feedback, and act as liaison between tech teams and clients.
Monthly Salary Structure
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₦180,000 – ₦300,000
This position is mid-level with more regular incentives and sometimes commission-based pay.
Allowances & Benefits
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Transport and fuel allowance: ₦40,000 – ₦75,000
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Performance-Based Commissions: Can add ₦40,000+ monthly if targets are met
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Health Insurance (HMO)
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Leave allowances and staff welfare
3. Branch & Merchant Banking Managers
Role Overview
This is a middle management position overseeing merchant banking, agent networks, regional sales, or branch operations.
Salary Range
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₦350,000 – ₦700,000 per month
Higher if the manager has strong track record or covers metropolitan regions.
Allowance Structure
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Housing allowance: ₦100,000 – ₦200,000
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Utilities stipend
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Car loan, or official vehicle provision
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Mobile data/airtime
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Annual performance bonuses
4. Operations, Risk, and Compliance Managers
Role Overview
These managers handle internal processes, risk assessment, fraud prevention, compliance, and ensure the bank meets CBN regulations.
Monthly Salary Range
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₦400,000 – ₦800,000
Benefits
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Transport allowance or official car
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Comprehensive health insurance
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Annual bonus based on risk KPIs
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Professional development funds (e.g. training, workshops)
5. District / Zonal Managers
Role Overview
Zonal or district managers manage multiple branches or merchant networks in geographic territories, ensuring growth targets and quality.
Salary & Allowance
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₦600,000 – ₦1,200,000 monthly
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Car and driver provision, or car loan packages
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Housing and utilities allowances: ₦200,000+ per month
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Annual performance bonuses, often substantial for high-achieving zones
6. Senior Management & Tech Leaders
Roles Include:
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Head of Fintech Products
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Head of Marketing
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Chief Risk Officer
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Regional Head, etc.
Salary Range
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₦800,000 – ₦2,500,000+ monthly
Allowances & Executive Perks
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Executive vehicle or car loan
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Housing stipend or executive accommodation
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Equity or stock option packages
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International training & travel
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Health insurance, pension, and allowances
Annual Bonuses & Incentives at Moniepoint
How It Works
Moniepoint incentivizes staff with monthly and annual performance-based bonuses. These rewards are tied to personal and team goals such as merchant growth, deposit targets, or risk control.
Bonus Amounts
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Entry-level: ₦50,000 – ₦150,000 annually
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Relationship Officers: ₦100,000 – ₦300,000
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Branch Managers: ₦300,000 – ₦1,000,000
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Senior Ops / Zonal: ₦500,000 – ₦2,000,000+
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Executive staff: ₦1 million – ₦5 million+
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Equity / Stock options are possible for product and tech teams.
Benefits and Non-Monetary Perks
Moniepoint offers strong non-monetary benefits, including:
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HMO (Health Insurance)
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Pension contributions
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Staff loans (car, personal, housing) with low interest
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Training and workshops (including CBN compliance certification)
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Generous leave and paid time off
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Petty cash / working equipment
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Employee recognition programs, offsite events, and bonding retreats
How Does Moniepoint Pay Compare?
Moniepoint Microfinance Bank salary competes strongly with other fintech and microfinance institutions due to:
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Focus on rapid digital growth
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High-commission culture
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Strong bonus incentives
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Tech-forward culture with significant equity upside
While traditional microfinance banks may cap monthly salaries between ₦200,000–₦500,000, Moniepoint continues above this range in many roles.
Cost of Living vs Moniepoint Salary
Let’s compare monthly expenses to Moniepoint payment:
| Expense | Estimated Cost (₦) |
|---|---|
| Feeding | ₦30,000 – ₦50,000 |
| Rent (shared one-bedroom) | ₦40,000 – ₦100,000 |
| Transport | ₦10,000 – ₦30,000 |
| Utilities & Internet | ₦10,000 – ₦20,000 |
Even as a mid-level Relationship Officer, Moniepoint pay allows a decent life in major cities. Senior managers enjoy comfortable lifestyles with their generous salaries and allowances.
Career Path & Salary Progression
At Moniepoint, a typical career path and salary growth looks like this:
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Entry-level: ₦120k–₦180k → promotion after 12–18 months
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Relationship Officer: ₦180k–₦300k → promotion after meeting KPIs
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Branch / Merchant Manager: ₦350k–₦700k
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Zonal / District Manager: ₦600k–₦1.2m
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Senior Management: ₦800k–₦2.5m+ plus equity
Performance, certifications, leadership, and fintech expertise all influence this progression.
Pro Tips for Maximizing Your Moniepoint Salary
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Hit your merchant growth and deposit targets to earn bigger commissions
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Learn fintech product features quickly to provide great customer service
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Get CIBN / CFA / fintech certifications for promotion
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Build strong relationships with merchants and regional teams
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Be data-focused; Moniepoint track metrics closely
FAQs – Moniepoint Microfinance Bank Salary & Allowance Structure
What is the Moniepoint Microfinance Bank salary for entry-level staff?
Entry-level roles earn between ₦120,000 and ₦180,000 monthly (2025).
Do small roles get bonuses?
Yes. Entry-level staff can earn ₦50k–₦150k annually from performance.
What is a Relationship Officer paid?
They earn ₦180k–₦300k per month, plus commission and allowances.
How much do branch managers at Moniepoint earn?
Branch managers earn ₦350k–₦700k monthly, with housing, transport, and bonuses.
Do senior staff earn more?
Yes. Senior roles pay between ₦800k and ₦2.5m+, with executive benefits.
Are there allowances for staff?
Yes—Moniepoint offers transport, housing, health insurance, leave, and staff loans.
Final Thoughts: Moniepoint Microfinance Bank Salary & Allowance in 2025
The Moniepoint Microfinance Bank salary and allowance structure paints a picture of fintech-forward and competitive pay. Even in a growing microfinance setup, staff can earn significantly more than traditional microfinance peers. Many roles come with attractive monthly pay, regular bonuses, professional training, and strong perks.
If you're considering joining Moniepoint—whether as a teller, ops officer, branch manager, or technologist—you now have a clear understanding of earning potential, benefits, and growth prospects.