The Central Bank of Nigeria (CBN)-licensed switching and processing company, TeamApt Ltd., has been honored as the Financial Ecosystem Innovator of the Year at the 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards. The recognition comes in appreciation of TeamApt’s significant contributions to Nigeria’s financial services infrastructure. According to a report by Tribune Online, the company, a subsidiary of Moniepoint Inc., provides payment infrastructure that supports millions of transactions daily. This accolade further underscores TeamApt’s commitment to fostering a robust and efficient financial ecosystem in Nigeria. The 2026 BAFI Awards aimed to recognize and celebrate excellence in the Nigerian banking and financial services sector. Other categories included Best Retail Bank, Best Commercial Bank, and Best Microfinance Bank. The award event is a testament to the growing recognition of fintech companies like TeamApt in shaping Nigeria’s financial landscape.
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