By Deborah Nnamdi
Five Nigerian fintech companies—PalmPay, Moniepoint, OPay, Piggyvest, and Interswitch—have been named among CNBC’s Top 300 Global Fintechs of 2025. The ranking, published in partnership with Statista, highlights high-performing fintechs worldwide based on revenue, growth, and workforce metrics.
PalmPay, Moniepoint, OPay, and Interswitch were featured under the Payments category, which recognizes firms offering payment services, gateways, and transaction tools for consumers and businesses. Piggyvest was listed in the Wealth Tech category, which includes platforms focused on online trading, investment management, and portfolio optimization.
Despite being home to more than 200 fintech companies, only four firms from Nigeria were recognized on the list. Moniepoint, though Nigerian in origin, is listed under the UK due to its incorporation there.
The United States topped the chart with 126 fintech companies, followed by the United Kingdom (38), and Singapore (16), which moved ahead of India.
In response to the recognition, PalmPay stated that the accolade reflects its rapid growth and expanding influence across Africa. With over 35 million registered users and 15 million daily transactions, the company is also extending its reach to emerging markets like Tanzania and Bangladesh.
“Being named among the world’s top fintechs by CNBC and Statista is a strong validation of our mission to build a more inclusive financial system,” said Sofia Zab, PalmPay’s Founding Chief Marketing Officer.
Moniepoint also welcomed the recognition. Group CEO Tosin Eniolorunda described the listing as a reflection of the team’s efforts and the company’s growing role in shaping the global fintech landscape.
“It’s an honour to be included in such a prestigious list. This highlights the hard work of our team and our emergence as a key player in the future of fintech,” Eniolorunda said.
