Palmpay Launches First Verve Debit Cards
PalmPay, one of Nigeria’s fastest-growing fintechs, has officially launched its first debit card in collaboration with Verve, reinforcing its transition from a mobile wallet to a full-service financial platform. With over 35 million users, the fintech’s latest move aligns with a broader trend among Nigerian digital finance firms, which are increasingly favouring local card schemes […]
Read MorePalmpay, Others Process ₦71.5trn Worth Transactions In 2024
The mobile money sector in Nigeria has experienced significant growth in 2024, with licensed operators such as Palmpay, OPay, and 15 others processing transactions worth N71.5 trillion, a 53.4 percent increase compared to the N46.6 trillion recorded in 2023. The volume of transactions also rose by 23 percent, from 3 billion in 2023 to 3.9 […]
Read More