PalmPay recognized as the Most Outstanding Payment Platform in Nigeria
PalmPay, a leading fintech platform dedicated to driving financial inclusion, was recently awarded the Outstanding Payment Platform of the Year by MARKETING EDGE, a leading source of news for marketing, media and advertising professionals in Nigeria at its 20th Anniversary and Awards Ceremony over the weekend.
This award highlights PalmPay’s exceptional contribution to the fintech industry and its commitment to providing users with accessible, innovative and reliable payment solutions across Nigeria.
Commenting on the award, Chika Nwosu, Managing Director of PalmPay, said, “We are delighted to receive this award because it is indeed a testament to the great strides of PalmPay in Nigeria. This award underscores the team’s efforts in revolutionizing the payment landscape and ensuring that PalmPay remains at the forefront of cutting-edge technology and user experience. PalmPay is set to revolutionize the banking experience by offering a dynamic and rewarding experience to drive financial inclusion.”
The MARKETING EDGE Group is renowned for recognizing excellence and innovation across diverse sectors. PalmPay was selected as the standout payment platform based on its dedication to delivering secure, convenient, and efficient payment services to its over 25 million users, 400,000 merchants and 500,000 Agents across Nigeria.
PalmPay’s success stems from its user-centric approach, continuous product enhancements, and commitment to staying ahead of industry trends. The platform offers a seamless and reliable payment experience, allowing users to make transactions, pay bills, transfer funds, and access a range of financial services effortlessly.
This award marks a significant milestone for PalmPay, reinforcing its position as an industry leader in the fintech ecosystem. The company remains dedicated to further advancing its technology, expanding its user base, and delivering even more innovative solutions to empower individuals and businesses.
About PalmPay
PalmPay is a leading Africa-focused fintech platform committed to driving economic empowerment in Africa. Through its secure, user-friendly and inclusive suite of financial services, PalmPay brings top-tier products into the pockets of everyday Nigerians.
PalmPay offers money transfers, bill payments, credit services and savings on its app and via its network of 500,000 mobile money agents.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 25 million users and over 400,000 merchants are part of its cashless payment ecosystem.
The company has raised USD 140m. The PalmPay app is available on Google Play Store and iOS App Store in Nigeria and Ghana, with more markets going live in 2023.
Photo caption: MD/CEO, PalmPay, Chika Nwosu (centre), flanked by Kevin Olumese, Senior Marketing Manager, PalmPay, while receiving the award of the Most Standing Payment Platform in Lagos
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