Dyna.Ai Enters Nigerian Market, Seals Alliance With PalmPay

Singapore-based artificial intelligence firm Dyna.Ai has officially launched operations in Nigeria, solidifying its entry with a strategic partnership with leading fintech platform PalmPay, which serves over 35 million users in the country.

The launch, held on May 15, was marked by a high-level, invite-only event dubbed Nigeria Dyna Day, where stakeholders from the public and private sectors gathered to spotlight the potential of AI to accelerate Nigeria’s digital transformation.

Dignitaries in attendance included Tokoni Peter Igoin, Special Assistant to the President on ICT Development and Digital Innovation, and Olatunbosun Alake, Lagos State Commissioner for Innovation, Science and Technology, who both reinforced the government’s openness to digital partnerships aimed at inclusive economic growth.

AI for Financial Transformation

A key highlight of the event was the announcement of Dyna.Ai’s partnership with PalmPay, one of Nigeria’s largest digital financial service providers. The alliance aims to integrate advanced AI solutions into PalmPay’s infrastructure to boost operational efficiency, strengthen user security, and elevate service delivery.

“We are excited to join hands with major local players like PalmPay in a transformative time like this,” said Tomas Skoumal, Chairman and Co-Founder of Dyna.Ai. “It takes an ecosystem approach — combining innovation, local insight, and public sector support — to close the digital gap and build smarter financial systems.”

Dyna.Ai’s entry comes at a time of heightened activity in Nigeria’s fintech space, with digital platforms playing a growing role in delivering financial access. By embedding AI into backend and customer-facing processes, the partnership is positioned to set new benchmarks in reliability, fraud prevention, and personalised services.

“This partnership strengthens the reliability and safety of our services,” said Chika Nwosu, Managing Director of PalmPay. “With Dyna.Ai’s infrastructure, we are taking a big leap in delivering smarter, more secure digital finance to our users.”

The collaboration, which began earlier in the year, is already in motion, with pilot applications focused on customer experience and backend automation. Both firms say this is only the beginning of broader co-innovation efforts tailored to Nigeria’s dynamic financial ecosystem.

For investors and ecosystem players, Dyna.Ai’s Nigerian debut reflects a broader trend of AI-driven infrastructure becoming critical to unlocking growth and resilience in emerging markets.