PalmPay (www.PalmPay.com), a leading neobank and fintech platform focused on emerging markets, has been named among the by for the second year running. The recognition underscores PalmPay’s position as one of the most innovative and impactful fintech firms globally.
The prestigious ranking evaluates thousands of companies worldwide, based on criteria including growth, innovation, market penetration, and industry impact. This year’s list features global leaders like Revolut, Nubank, and Ant Group, alongside high-growth players from emerging markets—highlighting the increasing influence of firms like PalmPay.
With over and processing up to , PalmPay is recognized for its strong momentum as one of Africa’s leading digital financial service providers. The platform offers a full suite of financial products—transfers, bill payments, credit, savings, and insurance—through an intuitive mobile app supported by a nationwide network of .
“Our inclusion in CNBC and Statista’s global fintech list is a powerful validation of our mission to build a more inclusive financial system,” said , Founding Chief Marketing Officer at PalmPay. “Through cutting-edge technology, localised distribution, and a customer-first approach, we’ve built Nigeria’s leading neobank. As we expand into new markets like , our goal remains to close financial access gaps for underserved consumers and small businesses.”
PalmPay’s B2B offering includes POS solutions and API-powered payment infrastructure tailored for merchants and enterprise clients, further deepening its reach across the digital economy.
“PalmPay is building a neobanking platform specifically designed for the realities of emerging markets,” said , Group Chief Commercial Officer. “Our vision is to power a connected digital economy where individuals and businesses thrive through accessible and reliable financial tools. This recognition not only affirms our progress but signals the scale of the opportunity ahead.”
This latest accolade follows PalmPay’s ranking as on the list—based on revenue growth between 2020 and 2023.
PalmPay currently operates in Nigeria, Ghana, Tanzania, and Bangladesh, with plans for further expansion across Africa and Asia. Through its integrated neobanking platform and partnership-led model, PalmPay is shaping the future of inclusive financial growth.
