PalmPay Tops Financial Times 2025 List
PalmPay, the rising fintech powerhouse focused on emerging markets, has earned top honours as the fastest-growing financial services company and #2 overall on the Financial Times’ Fastest-Growing Companies in Africa 2025 list, created in collaboration with Statista. The annual ranking celebrates standout African companies based on key indicators such as revenue growth, user adoption, and […]
Read MoreDyna.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 […]
Read MorePalmpay 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