Fintech
PalmPay Ranks Among Top Global Fintechs Alongside Ant Group, Revolut, Nubank
PalmPay has once again secured its place among the world’s leading financial technology companies as it was named one of the top 300 global fintech firms in the 2025 CNBC and Statista annual ranking.
The listing, which includes international heavyweights such as Ant Group, Revolut, and Nubank, recognizes PalmPay’s growing influence across emerging markets.
This is the second consecutive year the Africa-focused digital financial services platform has been featured in the prestigious “Top 300 Fintech Companies in the World” list.
The selection, based on independent research by Statista and editorial oversight by CNBC, evaluated companies on key metrics including revenue growth, market presence, product innovation, and impact with the final list presented alphabetically and unranked.
Commenting on the recognition, Sofia Zab, Founding Chief Marketing Officer at PalmPay, described the listing as “a powerful affirmation of our mission to build a more inclusive financial system.”
Operating in Nigeria, Ghana, Tanzania, and Bangladesh, PalmPay continues to deepen its footprint across emerging markets through localized digital solutions.
The company recently launched a mobile financing model designed to improve digital financial access in Tanzania and Bangladesh, expanding its reach among underserved populations.
“Through cutting-edge technology, deep local distribution, and a customer-first mindset, we have built Nigeria’s leading neobank,” Zab said.
PalmPay was also recognized earlier this year by the Financial Times in its 2025 Africa’s Fastest-Growing Companies report, ranking as the number one company in the financial services category and number two overall across the continent.
Group Chief Commercial Officer Jiapei Yan noted that the latest global ranking underscores both the company’s progress and the scale of the opportunity ahead.
“PalmPay is building a neobanking platform tailored to the realities of emerging markets. This recognition from CNBC and Statista affirms our progress and also the scale of the opportunity ahead. As we expand across more emerging markets, we are committed to creating lasting value for our users, partners, and the communities we serve,” Yan said.
This year’s CNBC-Statista list reflects the growing global relevance of fintech solutions from the Global South, with increased representation from Africa, Asia, and Latin America.
Other African fintech leaders featured alongside PalmPay include Interswitch, Opay, Moniepoint, MyFawry, PiggyVest, Yoco, Tala, M-Kopa, and Paymob — highlighting the continent’s strengthening position in the global fintech ecosystem.
PalmPay’s continued recognition signals investor confidence in Africa’s digital finance infrastructure and the company’s strategic positioning as a dominant neobank in the region.