
PalmPay
Mobile payment and financial services platform for emerging markets, focusing on Africa.
About
PalmPay is a mobile payment and financial services platform that aims to provide accessible and affordable financial solutions to users in emerging markets, particularly in Africa. It offers a range of services including money transfers, bill payments, airtime top-ups, and merchant payments, all accessible through a user-friendly mobile app.
Key facts
At-a-glance profile data
- Website
- palmpay.co
- Headquarters
- Lagos, Nigeria
- Founded
- 2019
- Total funding
- $50M (Series A)
- Business model
- B2C
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 5 Jun 2025 | Series A | $50M | All Investors: Transsion, GIC, Mediatek |
Frequently asked
How much funding has PalmPay raised?
PalmPay has raised a total of $50M in funding. The most recent round on record is Series A.
What is PalmPay's current status?
PalmPay's current operating status is: Inactive.