What is PALM and how does it work?

PALM is a goal-based saving app for Egyptians that helps users save for life goals like marriage, education, a car, or a house. It works by letting you create personalized saving plans with options for locked or unlocked savings, Sharia-compliant products, investments in assets like gold, stocks, and fixed income, daily yields, and exclusive merchant discounts for smarter spending.

How much does PALM cost?

PALM charges a small, transparent fee and has zero deposit, withdrawal, or transaction fees. Specific fee amounts are not detailed publicly.

How do I sign up for PALM?

Download the PALM app from the App store or Google Play Store, create an account in minutes, set up your goals, and add funds via InstaPay or bank transfers.

Does PALM have a mobile app?

Yes, PALM is available on iOS and Android. You can download PALM on the App Store for iPhone, or get it on Google Play for Android.

Who is PALM best suited for?

PALM is best suited for Egyptians saving for personal goals like travel, education, marriage, buying a car or house, or retirement.

How do I contact PALM support?

PALM support can be contacted at support@withpalm.ai.

PALM

🇪🇬 Egypt

A goal-based savings and investing app for Egyptians to build personalized plans, invest in diversified assets, track progress, and redeem via merchant partners.

Use it on:Web Android· 2.9 iOS· 4.3

Is PALM right for you?

Best for

Egyptian savers
Life goal planning
First-time investors
People saving for milestones
Individuals investing small amounts

What it does well

Goal-based savings plans
Personalised savings targets
Diversified investing options
Progress tracking
Merchant partner redemptions

Things to check

Supported asset types
Minimum top-up amount
Withdrawal and redemption rules
Merchant partner list
Fees and charges

PALM is a goal-based savings and investing app for Egyptians who want to save toward specific life goals from their phone.

Key capabilities include:

Goal-based plans and personalization: Create multiple goals (for example marriage, education, a car, a house, travel, or retirement) and choose plan options such as lock/unlock and Sharia-compliant plans.
Multi-asset investing: Save across stocks, gold, and fixed income in a single app, aligned to the selected goal and preferences.
Rewards tied to saving: Redeem savings with merchant partners for additional discounts, alongside investment returns.
Progress visibility and redemption: Track goal progress in-app and redeem funds through partner redemptions or withdrawals via InstaPay and bank transfers.

Available on Android and iOS.

Built for B2C users in Egypt who want structured saving for personal goals and prefer app-based investing.

Notable in the Egyptian market for operating with investment activities handled by PAM Asset Management, an Egyptian joint stock company licensed by the Financial Regulatory Authority (FRA License #969/2025), and for having raised a 7-figure USD pre-seed round led by 4DX Ventures (with Plus VC and angel investors).

As of Jul 6, 2026, PALM is rated 4.3 on the App Store from 6 reviews and 2.9 on Google Play from 106 reviews with 10K+ installs.

Categories:

Fintech

Features & Business Model:

b2c investments savings wealth-management