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FT Reports: FairMoney Ranked Among Fastest Growing Companies in Africa | 2024

By Oluchukwu Ikemefuna

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FairMoney, the leading neobank in Africa, has secured a coveted position on the prestigious Financial Times (FT) ranking of Africa’s Fastest Growing Companies for 2024. 

This recognition shines a spotlight on FairMoney’s exceptional and resilient growth trajectory since its inception in 2017. 

FT-Statista Ranking Recognizes FairMoney’s Meteoric Rise

Developed in collaboration with Statista, a renowned research firm, the FT ranking is a highly anticipated benchmark for gauging a company’s growth within the African continent. 

FairMoney’s inclusion on this esteemed list signifies its remarkable progress in the competitive financial technology (fintech) landscape. 

FT Reports: FairMoney Ranked Among Fastest Growing Companies in Africa | 2024

Exceptional Growth Underscores Dedication to Financial Inclusion

The ranking specifically highlights FairMoney’s category-leading growth between 2019 and 2022. 

This period reflects FairMoney’s unwavering commitment to expanding its services and fostering financial inclusion for millions of people across Africa. 

By offering innovative financial solutions to both consumers and businesses, FairMoney empowers individuals and fuels economic growth. 

“A Testament to Our Team, Partners, and Customers,” Says FairMoney CEO

Reacting to the news, FairMoney CEO, Laurin Hainy, expressed his elation. “This incredible achievement wouldn’t be possible without our dedicated team, trusted partners, and amazing customers,” he remarked. 

Hainy further emphasized the significance of this recognition, stating, “Being included in the FT’s Fastest Growing Companies in Africa ranking adds to our growing list of accomplishments, which already includes being named among the top 100 most promising startups globally by CB Insights.”

Read More: Exclusive: A Closer Look into the Top 10 Biggest Fintech Companies in Africa 2024

FairMoney: A Beacon of Innovation in Africa’s Fintech Sector

FairMoney’s inclusion on the FT ranking underscores its position as a resilient and groundbreaking player within Africa’s burgeoning fintech space. 

The company’s unwavering dedication to financial inclusion aligns perfectly with the continent’s growing demand for accessible and secure financial services. 

By leveraging technology to address the financial needs of the underbanked population, FairMoney is shaping a more inclusive financial future for Africa. 

A Look Ahead: Continued Growth and Shaping Africa’s Economic Narrative

The FT ranking serves as a springboard for FairMoney’s future endeavors. 

The company remains committed to expanding its reach and offering a wider range of financial products and services. 

As FairMoney continues on its growth path, it aspires to become a defining force in shaping Africa’s economic narrative by empowering individuals and businesses across the continent.

FairMoney’s meteoric rise on the continent exemplifies the incredible potential of Africa’s Fastest Growing Companies. 

These companies are not only achieving exceptional growth but are also transforming industries and driving positive change across the continent. 

FairMoney’s story serves as an inspiration to aspiring entrepreneurs and innovators, demonstrating the power of innovation and dedication in unlocking Africa’s vast economic potential.

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Oluchukwu Ikemefuna
Oluchukwu Ikemefuna

Oluchukwu Blessing Ikemefuna, a talented content writer from Anambra, Nigeria, found her writing passion in secondary school. Holding a degree in Biological Sciences from Federal University of Technology, Owerri, she specializes in blog writing across technology, finance, healthcare, education, and lifestyle sectors. With strong research and SEO skills, Oluchukwu creates engaging content globally. Her work aims to inspire and engage authentically while driving action. Outside work, she enjoys travel, reading, and movies as she grows as a skilled writer.

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