PalmPay (www.PalmPay.com), a leading neobank and fintech platform focused on emerging markets, has been recognised as the fastest-growing financial services company in the Financial Times’ Fastest-Growing Companies in Africa 2025 list, compiled in collaboration with Statista. PalmPay placed #2 overall out of 130 companies featured in this year’s list. The…
PalmPay (www.PalmPay.com), a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. The launch of its debit card represents a key milestone in PalmPay’s evolution - from a mobile wallet known for it's…
PalmPay (www.PalmPay.com), a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria. This partnership underscores both parties’ commitment to developing the digital…
PalmPay (www.PalmPay.com), a leading financial platform with over 30 million users on its smartphone app in Nigeria, today announces the launch of its USSD code. This service offers Nigerians an additional way to manage their finances without the need for internet connectivity. With the PalmPay USSD code, customers can now perform…
PalmPay (www.PalmPay.com), a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay's rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the…
PalmPay (www.PalmPay.com), an African-focused fintech company, has emphasized the importance of building customer trust among stakeholders in the FinTech industry across Africa, saying that trust was essential to achieving last-mile access to digital financial services in underserved communities across the continent. Speaking at the 2024 RegTech Africa Conference in Lagos,…
In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech platform PalmPay (https://www.PalmPay.com/) has unveiled two cost-saving financial products - Unlimited Free Transfer and Target Savings - for users of its app. With the new financial products, users of the PalmPay app can now enjoy unlimited free transfers to…
As electronic payment platforms gain traction, the need for consumers to be conscious of their online security becomes paramount. Recent data highlights a surge in Nigerians adopting electronic platforms for day-to-day transactions. According to a recent report by the Financial Institutions Training Centre (FITC) on Fraud and Forgeries in Nigerian…
Flexible and fixed-term savings are now available on the PalmPay app (https://www.PalmPay.com/), enabling its customers to earn up to 20% annual interest rate; the company this week announced it has reached 25 million users on its smartphone app and signed up 800,000 businesses to its mobile money agent and merchant networks.…