Rank Capital Named 7th Fastest-Growing Fintech in Africa

Rank Capital has been named the 7th fastest-growing fintech company in Africa and the 6th fastest in Nigeria, according to the annual Africa's Fastest Growing Companies list compiled by Financial Times in collaboration with Statista. This ranking reflects Rank Capital's significant compound annual growth rate (CAGR) in revenue, underscoring its rapid growth and the viability of its unique community power model within the Nigerian financial services sector.

Femi Iromini, the CEO and co-founder of Rank Capital, stated that the company's mission is to prosper through a blend of modern technology and traditional social trust, emphasizing the belief that communities can build wealth together. The recognition follows a transformative period for the company, which recently underwent a rebranding and completed a strategic acquisition of Ajomonei and Zazzau Microfin Bank (Rank MFB).