Nearpays, an African fintech company, has been named on the 2025 BusinessDay Top 100 Fastest Growing Small and Medium Enterprises in Nigeria, placing it among businesses recognised for growth performance, innovation and contribution to financial inclusion.
Established in 2023, Nearpays operates within Africa’s digital payments landscape, providing technology-driven solutions designed to expand access to electronic payments.
The company focuses on building accessible and sustainable financial infrastructure that supports businesses and underserved communities across the continent.
Nearpays’ product offerings include Soft POS and Offline Soft POS solutions, which enable merchants to accept card payments with or without internet connectivity.
According to the company, this capability addresses connectivity limitations in many markets and supports broader participation in digital commerce.
The company also operates a digital receipt system aimed at reducing reliance on paper, promoting environmentally responsible transactions and supporting clean finance practices.
Beyond its commercial operations, Nearpays has gained international recognition for its approach to applying technology to financial inclusion challenges.
In 2026, the company was selected to represent Africa at the United Nations “AI for Good” event in Johannesburg, highlighting its role in leveraging innovation to address access gaps within the financial system.
Nearpays also recorded a global milestone after winning the inaugural GITEX Africa Innovation Award in Morocco, a recognition that placed the company among emerging technology firms demonstrating scalable and impactful solutions on an international stage.
The BusinessDay Top 100 Fastest Growing SMEs ranking is determined using criteria such as revenue growth, scalability, innovation, market expansion and business sustainability.
Nearpays’ inclusion reflects its operational progress and growing participation within Africa’s fintech and digital payments ecosystem.
Nearpays stated that it will continue to strengthen its technology, support digital adoption among businesses and advance Africa’s transition towards inclusive, sustainable and technology-driven financial systems as it scales its operations.
