Sunday, March 9, 2025

CNBC Names PalmPay As One Of Top 250 Fintech Company In Globe

PalmPay, a leading Africa-focused fintech platform, has been named one of the top 250 fintech companies in the world by CNBC and Statista. This prestigious recognition highlights PalmPay’s rapid growth and significant contributions to advancing financial inclusion in Africa.

PalmPay’s innovative approach to financial services has made it a market leader in Nigeria, with a user-friendly interface, reliable transactions, and a focus on driving market share through fee-free transfers and promotions.

The company has achieved remarkable milestones, including 30 million registered users on its smartphone apps and 1.1 million businesses in its network of mobile money agents and retail merchants.

The CNBC/Statista list honors fintech pioneers who are transforming the financial services industry through technology.

PalmPay’s inclusion in this list demonstrates its commitment to driving financial inclusion and promoting economic development in emerging markets.

READ MORE: Senator Ndume Sacked As Chief Whip Amidst His Criticism Of Tinubu’s Administration.

“We are honored to be recognized by CNBC and Statista as one of the World’s Top Fintech Companies,” said Sofia Zab, Global CMO of PalmPay.

“This recognition validates our unique approach to financial services and our commitment to driving financial inclusion.

We will continue to expand our reach and offerings, ensuring more people have access to essential financial services and promoting economic development in emerging markets.”

PalmPay operates in several key markets across Africa, including Nigeria, Ghana, and Tanzania, with plans to expand further in the region and other emerging markets. The company has global headquarters in China and London.

For more information, visit (PalmPay.com)

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