Africhange ranks 11th on Financial Times’ list of Africa’s fastest-growing companies

13 May 2026

Cross-border payment platform Africhange has been ranked 11th on the...

Africhange ranks 11th on Financial Times’ list of Africa’s fastest-growing companies

Cross-border payment platform Africhange has been ranked 11th on the Financial Times and Statista’s Africa’s Fastest-Growing Companies 2026 list, placing it among the top performers in a continent-wide ranking of 130 companies.

The diaspora-focused fintech, which serves African communities in the UK, Canada, and the United States, achieved the ranking based on compound annual revenue growth between 2021 and 2024. Submitted figures were certified at CEO or CFO level and independently verified by Statista. The minimum CAGR required for inclusion this year was 9.27 per cent.

Africhange’s performance is particularly significant given the macroeconomic context. The Financial Times noted in its analysis that Nigerian companies collectively slipped in this year’s ranking due to the sharp naira devaluation that began in May 2023. The devaluation depressed the dollar-equivalent revenues that Statista uses to calculate performance across different countries.

Sixteen Nigerian companies made the list, placing the country third behind South Africa and Kenya. However, most of these companies operate in local-currency domestic markets and were directly exposed to the currency headwind. Africhange operates differently as a diaspora-facing, foreign-currency remittance platform. The naira devaluation that hurt domestic Nigerian businesses had little structural impact on the company’s growth trajectory.

The fintech now ranks ahead of well-capitalised competitors including Nedbank at number 15 and FairMoney at number 42.

“This is not a company milestone—it is a community milestone,” said Tega Ogigirigi, Head of Growth and Marketing at Africhange Technologies. “Every transaction on our platform represents a family being supported, a business being funded, a future being built across borders. Being recognised by the Financial Times and Statista is validation that building with integrity and purpose for communities that have historically been underserved by the global financial system is both the right thing to do ...