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PalmPay

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Source: PalmPay |

PalmPay Named One of the World’s Top 300 Fintech Companies of 2025 by Consumer News and Business Channel (CNBC) & Statista

The selection is based on a rigorous evaluation of thousands of companies globally, assessing growth, innovation, market penetration, and impact

 PalmPay (www.PalmPay.com), a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second year in a row that PalmPay has earned a place among the world’s most innovative and impactful financial…

PalmPay
Source: PalmPay |

PalmPay Ranked Top Fintech and #2 Overall in the Financial Times Fastest-Growing Companies 2025 List

The annual ranking evaluates Africa-based businesses based on key performance indicators such as revenue growth, user adoption, and operational scale

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
Source: PalmPay |

Emerging Markets-Focused Fintech Platform PalmPay Unveils New Debit Card in Nigeria with Verve

The new PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass market users in Nigeria

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

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    • Managing Director, PalmPay, Chika Nwosu with Sunil Natraj, CEO, Jumia Nigeria, at the recent press conference to announce the PalmPay / Jumia partnership
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Source: PalmPay |

PalmPay and Jumia enter Strategic Partnership, Launch Integration for Shoppers in Nigeria

This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy

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

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Source: PalmPay |

PalmPay Rolls Out USSD Service to Empower Users with Enhanced Financial Access and Account Security

This service offers Nigerians an additional way to manage their finances without the need for internet connectivity

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

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    • PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista
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Source: PalmPay |

PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista

More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection

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
Source: PalmPay |

PalmPay Champions Trust as Key to Africa’s Last Mile Financial Inclusion Drive

For digital payment platforms in the African FinTech space to thrive, transparency in their processes is vital

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,…

PalmPay
Source: PalmPay |

PalmPay is recognised by the GSMA as a key contributor to the growth of the African Mobile Money industry in State of the Industry Report

In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider with a significant market share in Nigeria” and a top driver of financial inclusion in Africa’s $912 billion mobile money industry

PalmPay (www.PalmPay.com), a leading pan-African fintech, has been highlighted by the GSMA in the recently released ‘The State of the Industry Report on Mobile Money 2024’  as a key player driving the adoption of mobile money in Nigeria. In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider…

PalmPay
Source: PalmPay |

PalmPay Drives Financial Inclusion with Cost-Saving Benefits for Users

Users of the PalmPay app can now enjoy unlimited free transfers to all banks in the country and also customize their savings plan to suit their preferred savings amount, duration and frequency

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…

PalmPay
Source: PalmPay |

PalmPay Reinforces Commitment to Educate Users through Monthly Wallet Safety Workshops

PalmPay is taking its commitment to user security to the next level by integrating liveness detection and facial recognition capabilities into its transaction scenarios, particularly during withdrawals

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…