PalmPay
PalmPay

PalmPay

DR42Ahrefs DR: 42/100. Below median. Measured by Ahrefs. Median 44.Agent30Agent Readiness: 30/100. Below median. Measured by StartupHub.ai. Median 41.

Mobile payment and financial services platform for emerging markets, focusing on Africa.

2019InactiveLagos, Nigeria

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

Funding rounds raised by PalmPay
DateRoundAmountLead investors
5 Jun 2025Series A$50MAll Investors: Transsion, GIC, Mediatek
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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.