• About
  • Advertise
  • Careers
  • Contact Us
Saturday, June 28, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Fintech

PiggVest, Kuda, MTN, PalmPay Among Top Global Fintech Firms in 2024

by Joan Aimuengheuwa
July 18, 2024
in Fintech
0
PiggVest, Kuda, MTN, PalmPay Among CNBC Top Global Fintech Companies in 2024
Source: CNBC

Source: CNBC

UBA
Advertisements

Nigeria and South Africa made a strong showing in the fintech industry according to CNBC and market research firm Statista’s “World’s Top 250 Fintech Companies: 2024,” report. 

Nigeria’s PiggyVest, PalmPay and Kuda Bank, alongside South Africa’s MTN MoMo, were among top innovators on the list.

According to the report, global funding has dipped from its 2020-2021 peak, but innovation continues. Artificial intelligence is a key theme, with companies leveraging technology to shape the future of financial services across a wider, more competitive industry.

The report reiterates resilience and innovation within the sector, emphasising the diversity of success in fintech.

Nigerian Innovators

  • PiggyVest: Listed in the financial planning category, PiggyVest stands alongside companies like Monarch, MoneySuperMarket, NerdWallet, and Taxfix from the US, UK, and Germany. PiggyVest offers personal finance management tools that enable users to manage budgets, savings, and credit scores effectively.
  • Kuda Bank: Featured in the neobanking category, Kuda Bank offers digital-only financial services through mobile and desktop applications, providing a convenient and potentially lower-cost alternative to traditional banks. It shares the spotlight with EQ Bank, Inter&Co, Mercury, Monzo, and others from Canada, the US, UK, and Brazil.
  • PalmPay: Recognised in the payments category, PalmPay provides solutions for online purchases, point-of-sale transactions, and digital money transfers.

South African Innovator

  • MTN MoMo: Also in the payments category, MTN’s mobile money service, MTN MoMo is facilitating smoother online and in-store transactions and making financial services more accessible. It is listed alongside Mangopay, Mastercard (US), Melio, and Nuvei from Canada, India, and other countries.

The CNBC-Statista list is based on a thorough selection process, evaluating more than 2,000 companies between March and May 2024. Analysts considered both general and segment-specific KPIs (key performance indicators). 

General KPIs accounted for 40% of the weighting, while segment-specific KPIs held a 60% weight, ensuring a comprehensive evaluation.

Loading

Advertisements
MTN ADS

Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

    View all posts
0Shares
Tags: CNBCCNBC fintech companiesKUDAMTNMTN MoMoPalmpayPiggVestStatistaTHE WORLD’S TOP 250 FINTECH COMPANIES: 2024
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post
TECNO MObile wins TrendUpp Awards

TECNO Shines at TrendUpp Awards

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Credit repair Companies in Nigeria

Credit Repair Companies: How They Work | Pro | Cons | Alternatives 

1 year ago
InterswitchSPAK 5.0, 6.0

Top 500 Emerge at InterswitchSPAK 6.0 Pre-Qualifying Examinations

12 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.