Moniepoint Microfinance Bank (MFB), a prominent Nigerian fintech institution, continues to revolutionize digital banking and financial inclusion. As a fast-growing company, Moniepoint not only leads in innovation but also offers competitive salaries and benefits to attract top talent in the industry.
In this 2025 updated guide, we dive deep into Moniepoint’s salary and allowance structure for entry-level, mid-level, and senior positions. If you’re eyeing a career at one of Nigeria’s most respected fintech institutions, this comprehensive breakdown gives you the clarity you need.
Entry-Level Salary Structure at Moniepoint (2025)
1. Associate Product Manager
- Annual Salary: ₦5 million – ₦8 million
- Performance Bonus: 10% – 15% of base salary
- Equity Benefits: ₦1 million – ₦2 million in stock options
- Job Scope: Assist senior product managers, coordinate development teams, and manage product testing phases.
- Experience Needed: 0 – 2 years
2. Software Engineer (Junior)
- Total Annual Compensation: ₦13.2 million – ₦18.8 million
- Breakdown: Includes base salary, stock options, and performance bonuses
- Job Scope: Writing code, debugging software, and supporting tech development
- Experience Needed: Fresh graduates or < 2 years of experience
3. Customer Service Representative
- Annual Salary Range: ₦350,000 – ₦5 million
- Median Salary: ₦815,000
- Job Scope: Attending to customer queries, resolving complaints, and providing support via multiple channels
- Experience Needed: Entry-level with good communication skills
Experienced Staff Pay Scale at Moniepoint (2025)
1. Product Manager
- Annual Salary: ₦8 million – ₦12 million
- Bonus: 15% – 20% of base pay
- Equity: ₦2 million – ₦4 million in company shares
- Role: Oversee product strategy, roadmap, feature design, and execution
- Experience Needed: 2 – 5 years
2. Technical Support Engineer
- Annual Salary: ₦7 million – ₦12 million
- Job Scope: Resolve complex technical issues, work closely with developers and customer service
- Experience Level: Mid-career with specialized technical certifications
3. Backend Engineer
- Annual Salary Range: ₦11 million – ₦36 million
- Median Salary: ₦11 million
- Responsibilities: Build and maintain scalable APIs and server-side services
- Experience Needed: 3 – 6 years in software development
Senior-Level Salary Structure at Moniepoint (2025)
1. Senior Product Manager
- Annual Salary: ₦12 million – ₦18 million
- Bonus: 20% – 25% of base salary
- Equity: ₦4 million – ₦8 million
- Role Overview: Lead product vision, oversee major releases, and guide junior product teams
- Experience: 5 – 8 years in product management
2. Senior Software Engineer
- Annual Salary: ₦12 million – ₦61 million
- Median Compensation: ₦16 million
- Key Tasks: Architecting systems, mentoring junior devs, optimizing infrastructure
- Experience Needed: 5+ years and mastery in backend/frontend stacks
3. Business Relationship Manager
- Salary Range: ₦4 million – ₦134 million (based on portfolio performance and KPIs)
- Scope: Handle large client portfolios, build partnerships, grow revenue streams
- Experience Needed: 7 – 10 years in business development or banking
Bonuses, Equity & Allowances
Moniepoint MFB complements its salaries with:
- Annual performance bonuses
- Health and wellness packages
- Remote work allowances (for tech roles)
- Stock options (primarily for product and engineering roles)
- Professional development funding (certifications, courses)
These benefits ensure that employees are well-supported financially and professionally.
Moniepoint Salary Summary Table (2025)
|
Role |
Salary Range (₦) |
Bonus (%) |
Equity (₦) |
Level |
|
Associate Product Manager |
₦5M – ₦8M |
10–15% |
₦1M – ₦2M |
Entry-Level |
|
Software Engineer (Junior) |
₦13.2M – ₦18.8M |
Included |
Included |
Entry-Level |
|
Customer Service Rep |
₦350K – ₦5M |
N/A |
N/A |
Entry-Level |
|
Product Manager |
₦8M – ₦12M |
15–20% |
₦2M – ₦4M |
Mid-Level |
|
Technical Support Engineer |
₦7M – ₦12M |
N/A |
N/A |
Mid-Level |
|
Backend Engineer |
₦11M – ₦36M |
N/A |
N/A |
Mid-Level |
|
Senior Product Manager |
₦12M – ₦18M |
20–25% |
₦4M – ₦8M |
Senior |
|
Senior Software Engineer |
₦12M – ₦61M |
Included |
Included |
Senior |
|
Business Relationship Manager |
₦4M – ₦134M |
Performance-Based |
N/A |
Senior |
Why Work at Moniepoint MFB?
Moniepoint stands out in Nigeria’s digital banking space due to its:
- Rapid growth and innovation
- Tech-first approach to banking
- Employee-focused policies
- Transparent compensation model
If you are passionate about tech, fintech, or digital transformation, Moniepoint offers the ideal career platform.
Frequently Asked Questions (FAQs)
1. What is the starting salary at Moniepoint MFB in 2025?
Entry-level roles like customer service and associate product management start from ₦350,000 to ₦8 million per annum, depending on the position.
2. Do Moniepoint employees get bonuses?
Yes. Product managers, engineers, and senior roles often enjoy performance-based bonuses ranging from 10% to 25% of their base salary.
3. Is there remote work at Moniepoint?
Yes. Many engineering and product teams operate remotely or on hybrid models, with remote work stipends included.
4. Does Moniepoint offer stock options?
Yes. Product managers and engineers receive equity packages valued at ₦1 million – ₦8 million depending on seniority.
5. What’s the highest salary at Moniepoint MFB in 2025?
Business Relationship Managers and senior software engineers can earn up to ₦134 million per annum depending on their portfolio and experience.
Conclusion
Moniepoint MFB continues to raise the bar in Nigeria’s fintech sector—not only through innovation but also by investing in its people. Whether you're an entry-level candidate or an experienced professional, Moniepoint’s 2025 salary structure reflects a commitment to rewarding talent, fostering growth, and ensuring job satisfaction.
Are you planning to work at Moniepoint? This guide equips you with everything you need to understand your earning potential.
