2023 BSM Index
TOP 50 BRANDS NIGERIA® 2023
| #4 | Palmpay Limited |
|---|---|
| CEO | Chika Nwosu |
| Year Founded (in Nigeria) | 2019 |
| Website | https://www.palmpay.com/ |
| Head Office | 20 Opebi Rd, Opebi 101233, Lagos |
| Nationality | NG |
PalmPay is a mobile payment and financial services platform that was founded in Nigeria in 2019. It is a subsidiary of PalmPay Africa Limited, which is a fintech company headquartered in Lagos, Nigeria.
PalmPay offers a variety of services, including:
- Mobile money transfer
- Bill payments
- Airtime top-up
- Merchant payments
- Online shopping
- Investments
- Loans
PalmPay is available in Nigeria, Ghana, and Kenya. It has over 10 million users and is growing rapidly.
The company is backed by some of the leading venture capital firms in Africa, including Sequoia Capital, YC Continuity, and GreenHouse Capital.
PalmPay is a convenient and secure way to send and receive money, pay bills, and shop online. It is a leading player in the African mobile money market and is poised to grow rapidly in the years to come.
Some of its key features includes – it is a mobile-only platform, so you can use it anywhere, anytime, it is convenient, with a wide network of merchants and agents, it is secure, with features like two-factor authentication and fraud protection.
PalmPay is a good option for customers looking for a mobile payment and financial services platform in Nigeria. It is convenient, secure, and affordable. However, it is important to be aware of the limitations of the platform, such as its availability in limited countries and some technical difficulties.
