PalmPay, a leading digital bank in Nigeria, has once again earned global recognition, securing a spot on CNBC and Statista’s 2025 list of the Top 300 Fintech Companies in the World.
This is the second consecutive year the neobank has been acknowledged for its innovation and impact, joining global financial technology leaders like Revolut, Nubank, and Ant Group.
The company’s Founding Chief Marketing Officer, Sofia Zab, described the accolade as a strong validation of PalmPay’s mission to advance financial inclusion across emerging markets. She credited the company’s customer-first approach and deep local distribution for building Nigeria’s leading neobank.
With over 35 million users and up to 15 million daily transactions, PalmPay offers a full suite of services including transfers, bill payments, savings, credit, and insurance. It also supports over one million agents and merchant partners nationwide, delivering point-of-sale and API-based services to individuals and enterprises.
Group Chief Commercial Officer Jiapei Yan emphasized PalmPay’s role in creating inclusive financial infrastructure in underserved markets, highlighting its recent expansion into Tanzania and Bangladesh.
Earlier this year, PalmPay was also ranked #2 overall and #1 in financial services on the Financial Times Africa’s Fastest-Growing Companies 2025 list.
