Tosin Eniolorunda Bio: Wife, Age, Parents, Children, Net Worth, Siblings, Education, Moniepoint
Tosin Eniolorunda is a Nigerian software engineer and fintech entrepreneur, best known as the founder and Group CEO of Moniepoint Inc., one of Africa’s fastest-growing financial technology companies.
Born Oluwatosin Michael Eniolorunda in September 1985 in Lagos, he is the first of three children of his father, Rotimi Eniolorunda, an engineering contractor, and his mother, Ajoke Eniolorunda, a teacher. He grew up in Ibadan, Oyo State, with roots in Ose Local Government Area of Ondo State.
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He earned a Bachelor of Science in Mechanical Engineering from Obafemi Awolowo University in 2007 and later studied at Lagos Business School. In 2009, he joined Interswitch as a software engineer, and over roughly six years he rose to senior software manager, head of application development and product manager.
In 2015, he left Interswitch to start TeamApt with Felix Ike, a company that began by building payment infrastructure for financial institutions and later became Moniepoint. Under his leadership, the business grew into a licensed bank serving millions of businesses and individuals across Nigeria with payments, banking, credit and business management tools.
Moniepoint reached a $1 billion valuation after a $110 million Series C round, with a later extension of $90 million bringing the total raise to $200 million, and the company has since expanded into the United Kingdom.
Tosin Eniolorunda was named an Endeavor Entrepreneur alongside Felix Ike in 2021 and appeared on the cover of Forbes Africa the same year. He is married with children.
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| Wiki Facts & About Data | |
| Real Name: | Oluwatosin Michael Eniolorunda |
| Stage Name: | Tosin Eniolorunda |
| Born: | September 11, 1985 (age 41 years old) |
| Place of Birth: | Lagos, Nigeria |
| State Of Origin: | Ondo State |
| Nationality: | Nigerian |
| Ethnicity: | Yoruba |
| Education: | Obafemi Awolowo University, Lagos Business School |
| Religion: | Christianity |
| Parents: | Rotimi Eniolorunda, Ajoke Eniolorunda |
| Siblings: | 2 |
| Children: | 2 |
| Occupation: | Software Engineer, Entrepreneur, Fintech Founder, Chief Executive Officer |
| Net Worth: | $30 million-$100 million |
Early Life & Education
Tosin Eniolorunda was born Oluwatosin Michael Eniolorunda on September 11, 1985, in Lagos, Nigeria. His birthday places his zodiac sign under Virgo. He is Yoruba by ethnicity and a Christian by faith.
His father, Rotimi Eniolorunda, is an engineering contractor, and his mother, Ajoke Eniolorunda, is a teacher. The family hails from Ose Local Government Area of Ondo State, though he grew up in Ibadan, Oyo State. He is the first of three children.
His schooling began at the University of Ibadan Staff School, where he studied from 1990 to 1995. He then moved on to Command Day School in Odogbo, Ibadan, from 1995 to 2001, where he belonged to the Junior Engineers, Technicians and Scientists Club. The hands-on streak showed early: he was the go-to fix-it person among his classmates.
He gained admission to Obafemi Awolowo University in 2002 and graduated in 2007 with a Bachelor of Science in Mechanical Engineering. He later added studies at Lagos Business School.
Career
Tosin Eniolorunda began his career at Interswitch in 2009 as a software engineer. Over six years there, he rose to senior software manager, unit head of application development and product manager.
He also programmed the first point-of-sale software for Interswitch, which went on to run on most POS terminals in Nigeria.
In June 2015, he left Interswitch and founded TeamApt with Felix Ike, bootstrapping the company with his own funds. The company started out developing payment infrastructure for banks, then pivoted to agent banking in 2019.
That year, it announced a $5.5 million Series A led by Quantum Capital Partners and received a switching license from the Central Bank of Nigeria in November. In 2022, it secured a banking license and launched business banking.
TeamApt rebranded to Moniepoint in January 2023, and the company launched its personal banking service in July of that year and was ranked by the Financial Times as the second-fastest-growing company in Africa.
In October 2024, Moniepoint raised a $110 million Series C led by Development Partners International’s African Development Partners III fund and Google’s Africa Investment Fund, pushing its valuation above $1 billion and making it the eighth African unicorn. A $90 million extension in October 2025 closed the round at $200 million, with backing from DPI, Google, Visa, IFC and LeapFrog Investments.
Under his leadership, the company pushed beyond Nigeria. It expanded into the United Kingdom in 2024 and launched MonieWorld, a remittance platform for the African diaspora, in April, and it is awaiting approval to acquire Kenya’s Sumac Microfinance Bank.
In January 2026, the Central Bank of Nigeria upgraded the operating license of Moniepoint Microfinance Bank to national status. Today, Moniepoint serves over 10 million businesses and individuals with payments, banking, credit and business management tools.
His work has earned wide recognition. Endeavor named him and Felix Ike Endeavor Entrepreneurs in June 2021, and he appeared on the cover of Forbes Africa that year. In 2022, New African magazine listed him among the 100 most influential Africans.
Social Media
- Wikipedia: Tosin Eniolorunda
- Instagram: Tosin Eniolorunda (@tosin_eniolorunda)
- LinkedIn: Tosin Eniolorunda
Personal Life
Tosin Eniolorunda is 41 years old, born on September 11, 1985.
He is married, and the father of two children, and his home life rarely surfaces in the interviews and profiles that cover his work, which centre on payments, product and Nigerian small businesses.
His wife’s name and the year of their wedding do not appear in published profiles or interviews. Only one marriage is linked to him, and no earlier partners appear alongside his name in available coverage. The same applies to his two children: their names and birth years are absent from public records.
Net Worth
Tosin Eniolorunda has a net worth of between $30 million and $100 million.
His fortune comes from his work in the fintech business, particularly the rapid rise and expansion of Moniepoint. His stake in the company is worth over $100 million.
His wealth is tied to his shareholding in Moniepoint, which crossed a $1 billion valuation in October 2024, and the $200 million Series C round that closed in October 2025 reinforced that standing.
Earlier earnings from his years at Interswitch form a smaller part of the total.
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