Moniepoint bets $7.39 million on London expansion in UK remittance push

Moniepoint’s London remittance bet has cost it $3.77 million since February 2024, according to UK regulatory filings. Moniepoint Group set aside $7.39 million for its London expansion, and so far, it has spent nearly half.  Between February and December 2024, the fintech spent $1.26 million—reported as a loss—on administrative and infrastructure expenses, and another $2.51

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