Fintech
Flutterwave, Kuda, Piggyvest Named Among CNBC’s Top 250 Fintech Companies
Statista, a globally renowned market data provider, and CNBC, an American media company, have listed seven African fintech companies (Flutterwave, Piggyvest, Kuda, MTN, Bank Zero, Palmpay, and Yoco) in their 2024 list of the top 250 fintech companies. The startups were selected from 2,000 companies globally.
The list, which also includes global companies such as Mastercard, Klarna, Flywire and Robinhood, is the second edition curated by the Statista-CNBC duo, the first dating back to 2023.
The list is curated based on Statista team desk research and information provided by companies, such as 2023 revenue, year-over-year sales growth rate, and total number of employees. However, it is not ranked.
In the list of the top 250 fintechs of 2024, Nigerian fintech Kuda and South African Bank Zero were ranked as among the best neobanks.
Nigerian unicorn Flutterwave, Chinese Palmpay, PartechSouth African government-backed fintech Yoco and MTN, for its mobile money service MTN MoMo, graced the payments category.
Piggyvest was the only African startup in the financial planning category.
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