The application window for the 2026 Moniepoint DreamDevs Program officially closed on January 20, 2026, after receiving over 9,000 applications from recent graduates across Nigeria. Designed by Moniepoint Inc. (formerly TeamApt) in partnership with Semicolon Africa, DreamDevs serves as an intensive talent incubator aimed at accelerating high-potential engineering graduates into production-ready software engineers capable of building financial infrastructure at scale.
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If you missed the 2026 window or are strategically preparing for the upcoming 2027 cycle, understanding the exact pipeline—from initial screening to full-time absorption—is essential for building a competitive application.
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Inside the Moniepoint DreamDevs Program
DreamDevs is Moniepoint’s answer to a problem it kept running into: strong computer science and engineering graduates coming out of Nigerian universities without the hands-on, production-level experience employers want. Moniepoint Inc., the fintech company behind the widely used Moniepoint POS and business banking products, built the program to close that gap directly rather than wait for it to close on its own.
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Each cohort takes a small group of recent graduates through nine weeks of structured, on-the-job training led by Moniepoint’s own engineering team, working on the same systems that process transactions for millions of users. The company selects just 20 participants per cycle — the 2026 cohort was chosen from over 9,000 applicants, making it one of the more competitive entry-level tech programs running in Nigeria right now. Strong performers move into a paid internship, and Moniepoint has stated it aims to convert half of this year’s cohort into full-time engineering hires. The program also supports the Federal Government’s 3 Million Technical Talent initiative, for which Moniepoint is a named sponsor.
Moniepoint DreamDevs Program Summary
| Scholarship Name ⇒ | Moniepoint DreamDevs Program |
| Host Country ⇒ | Nigeria |
| Study Level ⇒ | Internships and Training |
| Benefits ⇒ | Nine-week paid bootcamp, mentorship from Moniepoint engineers, six-month internship for top performers, potential full-time employment |
| Funded by ⇒ | Moniepoint Inc. |
| Eligible Countries ⇒ | Nigeria |
| Application Deadline ⇒ | 2026 cycle closed January 20, 2026. Next cycle expected to open around December 2026 or January 2027, based on the current annual pattern |
Who Qualified for the 2026 Cohort
Moniepoint kept its eligibility criteria narrow and specific. For the cycle that just closed, applicants needed to meet the following:
- You must be a recent graduate — Moniepoint defines this as within the last one to two years of your degree
- You must hold a minimum of a 2:1 in Computer Science, Engineering, or a closely related technical field
- You must show working familiarity with at least one of Java, JavaScript, HTML, CSS, or Python
- You must be able to demonstrate basic knowledge of data structures, algorithms, and SQL — no specific database system required
- You must show evidence of strong collaboration and communication skills; the bootcamp runs on group project work, not solo study
If your degree falls outside computer science, engineering, or a related technical discipline, you were not eligible for this cycle, and that restriction is unlikely to change for 2027.
How Moniepoint Narrowed 9,000 Applicants to 20
This is the part most competing posts skip entirely, and it’s the part that actually determines whether you get in. Moniepoint runs the DreamDevs selection as a multi-stage funnel, not a single application review:
- Stage 1 — Online technical test. Every applicant who meets the basic eligibility criteria sits an online coding assessment. Roughly the top 100 candidates advance.
- Stage 2 — In-person coding challenge. Shortlisted candidates come in for a live, in-person round designed to test problem-solving under pressure, not just correct syntax.
- Stage 3 — Final selection. Moniepoint’s engineering team picks the 20 candidates who move into the bootcamp, weighing technical aptitude, learning potential, and fit with the company’s internal engineering culture.
A practical note worth knowing before you apply: candidates who prepare only for take-home-style coding tests tend to struggle at the in-person stage, where speed and live problem-solving matter more than polish. If you’re aiming for the 2027 cycle, practicing algorithm problems under a timer will serve you better than perfecting solutions with unlimited time.
What You Gain as a DreamDevs Participant
Selection into DreamDevs isn’t just a training certificate — it’s a structured path with real stakes attached at every stage:
- Nine weeks of hands-on engineering training, working directly on Moniepoint’s live fintech products rather than sandbox exercises
- Mentorship from Moniepoint’s engineering team, not junior trainers — the same engineers who build and maintain the company’s core banking and payments systems
- A six-month paid internship for participants who perform well through the bootcamp
- A direct route to full-time employment — Moniepoint has stated its goal for this cohort is converting half of participants into permanent engineering staff
- A verifiable track record: the previous cohort produced four hires — three interns and one full-time engineer — giving you a realistic sense of conversion odds rather than a marketing promise
Because the program sits inside Moniepoint’s actual engineering organization, participants work with the same codebases and product teams as full-time staff from week one, rather than being routed into a separate training environment.
Documents You’ll Need Ready
Have these prepared well before the 2027 portal opens, since gathering them under deadline pressure is where most applicants lose time:
- Updated CV or résumé
- Degree certificate or academic transcript confirming your 2:1 or better
- A personal statement or short cover letter
- Contact details for at least one reference
If your transcript is still being processed by your university’s records office, start that request now — Nigerian universities can take several weeks to issue certified transcripts, and a late transcript has cost otherwise-qualified applicants their spot in past cycles.
How to Apply for the Next Moniepoint DreamDevs Program Cycle
The 2026 portal is closed, so this is your preparation checklist for when applications reopen:
- Bookmark the official portal — this is where the next application window will open.
- Confirm your degree classification meets the 2:1 minimum before the portal opens.
- Brush up on Java, JavaScript, HTML, CSS, or Python, along with data structures, algorithms, and SQL fundamentals.
- Request your transcript or degree certificate now, rather than waiting for an active deadline.
- Draft your personal statement in advance so you’re only refining it once applications open.
- Follow Moniepoint’s official social channels and blog for the announcement — the company has posted cohort openings directly rather than relying on third-party scholarship boards.
Application Deadline
The 2026 DreamDevs application cycle closed on January 20, 2026. Based on the timing of the first two cohorts, the 2027 cycle is likely to open sometime between December 2026 and January 2027, though Moniepoint has not confirmed an exact date. Set a reminder to check the official portal starting in November 2026 so you’re not caught off guard by a short application window — the 2026 cycle stayed open for a matter of weeks.
Frequently Asked Questions
Is the Moniepoint DreamDevs Program still accepting applications?
No. The 2026 cycle closed on January 20, 2026, and the 20-person cohort has already been selected. Applications for 2027 have not yet opened.
How many people get selected each year?
Twenty. The 2026 cohort was chosen from more than 9,000 applicants, making it a highly competitive selection rather than an open enrollment program.
Can HND or ND holders apply to DreamDevs?
Moniepoint’s published criteria specify a degree with a minimum of 2:1 in Computer Science, Engineering, or a related field. The program has not listed HND or ND qualifications as eligible in either published cohort.
Does DreamDevs guarantee a job at Moniepoint?
No. Strong performers move into a six-month paid internship, and Moniepoint has stated its goal of converting half of this cohort into full-time hires — but conversion depends on performance during the bootcamp and internship, not automatic placement.
Is DreamDevs open to graduates outside Nigeria?
No. The program is restricted to Nigerian graduates applying through the national selection process.
Disclaimer: All program details, deadlines, and eligibility criteria in this post were verified from official sources as of August 2026. Information is subject to change without notice. Always confirm the latest details directly on the official Moniepoint DreamDevs website before submitting your application. ScholarWaka is not affiliated with Moniepoint Inc.
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