OPay, Moniepoint, and Other Nigerian Fintechs Make CNBC’s Global 2025 Top List
It’s official: Nigerian fintechs are making global waves. Five homegrown fintech firms—PalmPay, Moniepoint, OPay, Piggyvest, and Interswitch—secured coveted spots among the world’s 300 top fintech companies in CNBC’s 2025 rankings, a list compiled in collaboration with Statista.
The evaluation leaned on a mix of revenue numbers, workforce size, and growth trajectories, carefully researched behind the scenes and crunched into a definitive global snapshot. Four of these standout Nigerian firms—PalmPay, Moniepoint, OPay, and Interswitch—were featured in the Payments category, spotlighting their roles in digital transactions, payment gateways, and bridging financial access gaps for individuals and businesses alike.
Meanwhile, Piggyvest earned its place under Wealth Tech, the segment dedicated to companies that innovate in investment platforms, trading tools, and digital asset management—transforming how users grow and manage their money.
Though Nigeria boasts a bustling fintech ecosystem with over 200 firms, only these five made the grade, making the country one of the less represented nations on the prestigious list. The largest fintech hubs? The United States, leading with 126 companies; the United Kingdom, home to 38; and Singapore, with 16 big players.
Responses from Nigerian fintech leaders were full of pride and ambition. PalmPay, boasting more than 35 million users and 15 million daily transactions, described the recognition as a major endorsement of its vision to advance financial inclusion in emerging economies.
“Being named among the world’s leading fintech companies by CNBC and Statista is a strong validation of our commitment to creating a more inclusive financial landscape,” said Sofia Zab, PalmPay’s Founding Chief Marketing Officer. She added that PalmPay’s expansion plans into markets like Tanzania and Bangladesh aim to continue bridging financial divides for everyday consumers and businesses.
Moniepoint, with its headquarters in the UK, echoed the sentiment. Group CEO Tosin Eniolorunda expressed pride in the team’s achievement, emphasizing their growing influence in shaping the future of fintech on a global stage.
As Nigerian fintechs continue to rise, their recognition on such platforms signals a promising future for innovation and financial empowerment beyond the country’s borders.