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A mobile-first digital banking and mobile money platform for individuals and businesses in Africa, offering transfers, savings, bills, credit, and merchant tools.

PalmPay is a mobile-first digital banking and mobile money platform for consumers and businesses in Africa, with a focus on everyday payments and financial access.
Key capabilities include:
Available on Android, iOS, USSD (*861#), and Web.
It follows a B2B2C model, serving individual users through its mobile app while working with partners and a 500,000+ mobile money agent network to enable cash-in and cash-out services.
Notable in the African fintech market for its scale and reach, it reports 30+ million registered users, operations across Nigeria, Ghana, and Tanzania, a 99.5% transaction success rate within 10 seconds, and licensing as a mobile money operator by the Central Bank of Nigeria.
DD Dave found 1 people at Palmpay, including 1 C-Suite. See how we get product data
DD Dave found 7 articles about Palmpay, from Oct 2025 to Feb 2026. See how we get product data
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DD Dave found that Palmpay has raised $140M across 2 rounds, backed by 5 investors. Their latest round was a Series A in Aug 2021. See how we get product data