PalmPay

PalmPayPalmPay
PalmPay

PalmPay

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

DR 332019InactiveLagos, Nigeria
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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.
Frequently asked

What does PalmPay do?

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.

What is PalmPay's revenue?

StartupHub estimates PalmPay's annual revenue at $27.6M (range $8.9M to $63.6M, 31% confidence), based on comparable companies in the sector.

What is PalmPay's valuation?

StartupHub estimates PalmPay's effective valuation at $682.2M (range $475.0M to $1.1B, 20% confidence), based on comparable companies in the sector.

How much funding has PalmPay raised?

PalmPay has raised a total of $190M in funding.

Where is PalmPay headquartered?

PalmPay is headquartered in Lagos, Nigeria.

When was PalmPay founded?

PalmPay was founded in 2019.

What industry does PalmPay operate in?

PalmPay operates in Fintech, Digital Payments, Mobile Payments, Emerging Markets, Financial Services, Payments.

What is PalmPay's current status?

PalmPay's current operating status is: Inactive.

New entrants in Digital Payments
Last 90 days
76
New entrants
25.3
Per month
5.9
Per week

An entrant is a company tagged Digital Payments whose domain was first registered in the window, counted from registry records in the StartupHub directory. 5 of them registered in the last 30 days. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.

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