Moniepoint Achieves $1 Billion Valuation Following New $90 Million Funding Round
Funding Achievement: Moniepoint Inc. has raised an additional $90 million in its Series C funding round, bringing the total to over $200 million and elevating its valuation to over $1 billion, marking it as a unicorn in Africa's fintech sector.
Investor Support: The funding round was led by Development Partners International, with significant contributions from LeapFrog Investments and other notable investors, aimed at enhancing Moniepoint's services for African businesses and expanding into new markets.
Company Growth: Founded in 2015, Moniepoint has evolved from a payment infrastructure provider to a comprehensive digital finance platform, serving over 10 million customers and processing more than $250 billion in digital payments annually.
Focus on Financial Inclusion: Moniepoint aims to empower micro, small, and medium-sized enterprises (MSMEs) in Africa by providing essential digital tools and financial services, thereby driving economic growth and innovation across the continent.
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Technical Analysis for TREE
Technical Sentiment Analysis for Treehouse (TREE) As of , Treehouse (TREE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TREE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TREE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Treehouse (TREE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.031 | 0.0456 | 0.0572 | 0.0718 | 0.0834 | 0.098 | 0.11 |
| Fibonacci | 0.0456 | 0.0556 | 0.0618 | 0.0718 | 0.0818 | 0.088 | 0.098 |
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