PalmPay Named Among World’s Top 300 Fintech Companies of 2025

PalmPay, a Nigerian-based neobank and fintech platform, has been recognized by CNBC and Statista as one of the Top 300 Fintech Companies in the World for 2025, marking its second consecutive year on the list. The selection was based on innovation, growth, market penetration, and social impact.

User Base: Over 35 million registered users

Daily Transactions: Up to 15 million processed daily

Agent Network: Over 1 million agents and merchant partners

PalmPay provides a range of digital financial services in Nigeria—including transfers, bill payments, credit, savings, and insurance—through a user-friendly app and B2B POS/API services.

The company is expanding into Tanzania and Bangladesh using smartphone financing to drive digital inclusion.

Leaders like Sofia Zab (Founding CMO) and Jiapei Yan (Group CCO) emphasized the company’s mission to build a connected, inclusive financial ecosystem in emerging markets.

Earlier this year, PalmPay also ranked:

#2 Overall and

#1 in Financial Services
on the Financial Times – Africa’s Fastest-Growing Companies 2025 list.