Elenjical Solutions’ rapid growth recognised by both the Financial Times and News24

Johannesburg-based fintech consultancy Elenjical Solutions has been recognised as being among Africa’s fastest-growing businesses. It has been placed on the Financial Times list for the second consecutive year, and debuts on News24’s South Africa’s Fastest Growing Companies report. 

Elenjical Solutions, a specialist financial IT consultancy, ranked 71st overall in the 2025 Financial Times list of Africa’s Fastest Growing Companies, and was one of only 21 companies continent-wide to feature in the IT & Software category, where it placed in the top 10. The FT ranking, developed in partnership with respected research firm Statista, identifies companies achieving the highest compound annual growth rate (CAGR) in revenue since 2019—spotlighting those thriving despite macroeconomic headwinds.

“Making this list once is an honour. Making it two years in a row is proof that we are doing something fundamentally right,” says Tinu Elenjical, founder and CEO of Elenjical Solutions. “It shows that we’ve built a business model with sustainable growth — one that combines deep technical capability with long-term partnerships. It also offers us a real opportunity to help develop Africa’s fintech infrastructure: clients trust us to solve hard problems, and it’s that trust that is powering our momentum.”

In a further milestone, Elenjical Solutions has also earned a place in News24’s first-ever ranking of South Africa’s Fastest Growing Companies. The company placed 25th overall among 50 businesses from across the South African economy, based on verified financial data. The list aims to highlight firms with exceptional growth trajectories and resilient business models. 

“These recognitions matter because they’re grounded in data,” adds Elenjical. “In a sector often full of hype, being able to demonstrate verified, consistent, primarily organic growth sends a powerful signal — to our clients, our partners and the market as a whole.”

Founded over a decade ago, Elenjical Solutions has established itself as a leading force in African capital markets technology — delivering specialist Murex consultancy, custom digital tooling, and AI-powered solutions that enable financial institutions to modernise and scale. The company has grown its workforce by over 200% in the past three years, expanded internationally and continues to support financial clients on their own transformation journeys.

With a track record of solving complex challenges in banking, capital markets, and risk management, Elenjical Solutions is helping institutions across Africa and beyond build smarter, faster and more resilient financial systems. 

About Elenjical Solutions

Elenjical Solutions is an expert financial services technology consulting firm based in Johannesburg, South Africa. We understand the nuances of the African Capital Markets business and align this with industry leading knowledge of technology. We specialize in the cost effective rearchitecting of our clients’ technology, with specific emphasis on reusing what isn’t broken yet meeting the business needs of now and the future.

 Our senior staff provide capital markets technology leadership and business insights and are backed up by project teams delivering system implementations, software developments. training and project management. We bring detailed knowledge of trading and risk, asset management, data and cloud as well as the move to digital. In addition, we are the only African based Murex Business Partner and system integrator, referenced by the vendor as the leading experts across the region.