Five Nigerian fintech companies have been named among the world’s top 300 fintechs for 2025 by CNBC.
PalmPay, Moniepoint, OPay, Piggyvest, and Interswitch earn global recognition for growth and innovation.
CNBC, in partnership with Statista, released its latest list of the world’s top fintech firms for 2025. PalmPay, Moniepoint, OPay, Piggyvest, and Interswitch, all Nigerian brands, secured spots based on their strong business growth, revenue, and company size.
PalmPay, Moniepoint, OPay, and Interswitch feature under the payments category, which covers companies that help people and businesses send and receive money with ease. Piggyvest is the standout in wealth technology, recognized for helping Nigerians manage savings and investments online.
According to CNBC, the final 300 were selected through detailed research and editorial review by Statista and the CNBC editorial team. The focus was on companies showing solid growth, high revenue, and notable impact in financial services.
Nigeria, despite having more than 200 fintech startups, had only four names on the list. Notably, Moniepoint was officially listed as a UK company due to its incorporation in the United Kingdom. The United States dominated the rankings, with 126 companies making the list. The UK followed with 38, and Singapore ranked third with 16 top fintechs.
Speaking after the announcement, Sofia Zab, PalmPay’s Founding Chief Marketing Officer, said, “To be recognized as one of the world’s top fintech companies by CNBC and Statista is a powerful affirmation of our mission to build a more inclusive financial system. As we scale PalmPay to more emerging markets, our focus remains on closing financial access gaps for everyday consumers and businesses.”
PalmPay, which now handles 15 million daily transactions and has more than 35 million registered customers, says the recognition reflects its ongoing drive to expand in Africa and beyond.
Moniepoint’s Group CEO, Tosin Eniolorunda, described the company’s selection as, “An honour and a testament to the hard work and success of the entire team while highlighting our emergence as a key player shaping the future of fintech worldwide.”
CNBC’s annual list launched in 2023 to help spotlight leading players in financial technology worldwide. For Nigerian fintechs, making the cut means global attention and, potentially, more trust from investors and users at home and abroad. The recognition shows how Nigerian startups are making real strides on the global stage, even as competition remains fierce.
