Acquired AjoMoney and Zazzau Microfinance Bank, which became Rank Microfinance Bank, to expand from lending into a broader savings, payments, and investment platform.
SourceGroup Financing for small businesses across Africa.
Public company, workplace, funding, and market signals
Rank (formerly Moni) is a Nigeria-first community finance and wealth platform that evolved from Moni Africa into a regulated money app for groups, SMEs, and consumers to save, spend, borrow, and invest together.
Primary product
Rank app / community-powered money app
Founded
2021
Headquarters
Victoria Island, Lagos, Nigeria
Team size
50-60
Work style
Flexible
Industry
Financial Services
Sub-industry
community finance and wealth-management fintech
Offices
0 jobs at Rank (formerly Moni)
Check back later for new openings
Business model
Stage
seed
Total raised
$600K
Latest round
Seed · May 2026
Latest amount
$100K
Leadership
Co-Founder / CEO
CTO / Co-Founder
Board Member and Investor
Investors
Mission-driven, community-focused, low-bureaucracy, high-ownership, clear-and-simple, and fast-moving, with an emphasis on building financial access for underserved users.
Work style
Flexible
Compensation
The careers page promises competitive, transparent compensation, but no public salary bands or visa policy were found.
Benefits
Pricing
Fixed service fees on savings-circle payouts, transfer fees on domestic payments, and spread/interest-based pricing on savings, lending, and yield products.
Differentiators
Technology
Customers
Competitors
Estimated revenue
under $1M
Estimated monthly visits
43.5K
Acquired AjoMoney and Zazzau Microfinance Bank, which became Rank Microfinance Bank, to expand from lending into a broader savings, payments, and investment platform.
SourceDisrupt Africa · Jul 2026
Independent coverage of the July 2026 product launch, emphasizing zero-interest capital, community trust, and Rank’s broader financial ecosystem.
TechCabal · Jul 2026
Details the launch of Money Circles, Tribe, and Rank Perks, plus new bank-account, payment-handle, and savings features.
TechCabal · May 2026
Covers Rank’s Financial Times recognition and frames it as validation of the company’s growth and community-powered financial model.
Signalbase · May 2026
Reports a $100K seed round for Rank, adding a newer disclosed funding event beyond earlier accelerator financing.
TechCabal · Nov 2025
Explains the Moni-to-Rank rebrand and the acquisition of AjoMoney and Zazzau Microfinance Bank as the basis for a broader savings, payments, and investment platform.