Redtech Named Among CNBC’s World’s Top 500 Fintech Companies 2026

Global Recognition comes as the Heirs Holdings-backed technology company expands from payment processing into financial infrastructure across Africa.

Lagos, Nigeria. 22nd July 2026. Redtech, the Heirs Holdings-backed technology company, has been named in the payments category of the World’s Top Fintech Companies 2026 ranking by CNBC and Statista. The company is among the only 11 African companies recognised in this year’s edition.

Developed by CNBC and Statista, the annual ranking identifies 500 leading fintech companies from a pool of more than 3,500 businesses worldwide. Serving as a data-driven benchmark, the ranking highlights companies shaping the future of financial services through technology, innovation and scalable digital solutions.

Redtech’s inclusion reflects its evolution from a payments processor into a broader financial infrastructure provider, delivering the technology that enables businesses to collect, process, reconcile, disburse and manage money across African markets at scale. Through its flagship platform, RedPay, the company provides payment acceptance, digital banking and merchant infrastructure, including smart POS terminals, payment gateway services, virtual account fund transfers, payment cards and NRS-compliant e-invoicing solutions.

Redtech’s growing scale is reflected in the reach of its infrastructure. Since inception, the company has processed approximately ₦45.84 trillion (US$33.21 billion) in transaction value through the RedPay platform. The company’s merchant network has also expanded with the deployment of more than 55,000 RedPay POS terminals, supporting businesses operating across hospitality, energy, banking, fintech, retail, utilities and enterprise services.

Emmanuel Ojo, CEO of Redtech, said, “Recognition from CNBC and Statista reflects the growing relevance of African Fintech companies on the global stage and validates our ambition to build Redtech into Africa’s payment infrastructure company.

We are building the technology that enables businesses of every size to collect, pay and manage money seamlessly across channels and markets. As African commerce becomes increasingly digitally connected across multiple market borders, businesses need payment infrastructure that is reliable, secure, interoperable and designed for the realities of operating across the continent.

Our goal is to help power that growth by making payments simpler and more connected for African businesses, while building solutions that reflect global standards.”

Building on its position in Nigeria, Redtech is expanding across Francophone West Africa. The UBA RedPay mobile app is now active in Benin, Burkina Faso, Côte d’Ivoire, Mali and Senegal, establishing the company’s first significant digital banking footprint outside Nigeria. Redtech has also launched virtual accounts in Ghana in partnership with UBA, extending its collections capabilities into another West African market.

The CNBC and Statista recognition follows Redtech’s recent inclusion in the Financial Times (FT) “Africa’s Fastest Growing Companies 2026” list, where the company also secured a place among Africa’s top 15 fastest-growing fintech companies.

Redtech aims to expand its collections and financial infrastructure capabilities across all 54 African countries over the long term to support businesses and financial institutions that seek to manage transactions across multiple markets through a single technology platform.

About Redtech

Redtech is a technology company building secure, reliable and scalable systems that power prosperity for businesses across Africa. Its business spans two pillars: RedPay®, a modern suite of payment solutions for businesses and consumers, and SITCOM®, its integrated energy technology solutions for upstream oil and gas operators.