6
Africa’s fintech revolution is gaining global recognition, with several homegrown companies making CNBC’s list of the world’s top fintech firms. Nigerian giants Opay and PalmPay lead the charge, serving tens of millions of users and processing billions in transactions, while Interswitch provides the crucial infrastructure that powers digital payments. From South Africa, Yoco enables small businesses to accept card payments, and Egypt’s Paymob and Fawry drive financial inclusion in North Africa. Another Nigerian company, PiggyVest, stands out in wealth technology, helping users save and invest successfully. Despite challenges like currency volatility and funding constraints, these innovative companies are expanding access to financial services and demonstrating that African fintech is a force shaping the future of finance.
Business Insider Africa