Oui Capital, a five-year-old African fintech venture firm, has successfully repaid its first fund after investing $150,000 in Moniepoint (previously TeamApt), which generated an $8 million return. This success followed Moniepoint’s $110 million Series C funding round, achieving a $1 billion valuation. Oui Capital’s early support was crucial for Moniepoint’s transformation into Nigeria’s largest merchant acquirer. The firm, founded by Olu Oyinsan and Francesco Andreoli, has now positioned itself among other successful African investors and plans to potentially launch a third fund later this year, building on its portfolio of 22 startups across two funds.