"The deal was undervalued. This was during the 2019–2020 boom when valuations were high. At the time, $12.5 million was a reasonable valuation given Moniepoint’s traction and growth rate." "The company was already doing between $700k and $1 million in revenue. The two things that worked in our favour were that the company was relatively new to VC funding and we would have been able to set it on the path to multiple funding rounds. Also, the founders were very pragmatic and valued getting quality investors over valuation numbers." In a recent interview with TechCabal, Olu Oyinsan, managing partner at venture capital firm, Oui Capital, recalls how a $150,000 investment in Moniepoint in 2021—now a unicorn—returned $8 million for the VC. Read the full story here 👉 https://techcabal.com/2025/02/17/oui-capital-moniepoint/