We scale inclusive
finance across
emerging markets
PalmPay is a next-generation digital bank
and fintech platform powering inclusive
economic growth in Africa and Asia.
Across Africa and Asia, everyday life is going digital. A new generation is rising - connected, ambitious, and mobile-first. For them, the smartphone is more than a communication device; it's a school, a marketplace, and a bank branch in their pocket.
PalmPay is at the forefront of this transformation. In Nigeria, we've built one of the country's leading digital banks — trusted by tens of millions of people for payments, savings, credit, and rewards. In Tanzania and Bangladesh, we're beginning with smartphone device financing, giving first-time users access to the digital economy and a pathway into broader financial services.
Today, PalmPay serves 40 million users and 1 million merchants, powering over 15 million transactions every day. Whether through banking or device financing, our mission is the same: to expand access, unlock opportunity, and drive financial inclusion at scale.
PalmPay is live in Nigeria, Ghana, Tanzania, and Bangladesh, with more markets launching soon
Our vision is bold:to build theneobank for the next billion
Proven at Scale
40 Million
Users
1   Million
Businesses
15 Million
Transactions/day
Our Story
PalmPay is committed to unlocking access to modern financial services for everyone.  We launched in Nigeria in 2019 as a consumer payments app, making everyday transactions faster, easier, and more rewarding. Since then, PalmPay has grown into a comprehensive financial ecosystem serving individuals and businesses across multiple markets.
  • A trusted banking app spanning payments, savings, credit and rewards.
  • Smartphone financing that opens access to digital finance for first-time users
  • Business tools that power growth for merchants and mobile money agents
  • An enterprise B2B platform simplifying payments and cross-border flows
From everyday payments to long-term financial growth, PalmPay delivers the tools that people and businesses need to thrive
Africa's Fastest-Growing Fintech
PalmPay has been recognized worldwide for driving financial inclusion and innovation
Ranked #2 overall and #1 in Financial Services Sector.
Listed among top fintech companies worldwide.
Awarded for contributions to financial inclusion by the Central Bank of Nigeria.
Driving inclusion through technology
PalmPay takes a digital-first approach to financial services, making it possible to reach millions of underserved individuals and MSMEs. By leveraging smartphones, we scale access faster, at lower cost, and with fewer barriers than legacy systems. At the core is our proprietary technology: payment rails that deliver a 99.95% success rate and near-instant settlement, credit-scoring models that use alternative data to unlock financing for first-time borrowers, and AI-supported transaction monitoring and fraud detection that protects users in real time. Together, these systems make complex financial services seamless, secure, and accessible -  powering inclusion at scale.
Financial inclusion begins with phone ownership
Smartphones are the gateway to the digital economy. PalmPay expands to new markets through smartphone device financing, selling smartphones on installment with the PalmPay app included.  This turns the phone itself into the on-ramp to payments, credit, and long-term financial growth.

Own it now, pay over time

Affordable installment plans put smartphones within everyone’s reach

Build credit as you go

Repayments create a digital credit history, unlocking access to future loans

The onramp to financial opportunity

With PalmPay pre-installed, users step directly into a digital wallet and full financial journey.
Our Impact in Numbers
25%
First-time account holders
57%
First-time loan recipients
800,000
Smartphones financed
Our Values
Customer First
We design every product and service around the people we serve, putting their needs and ambitions at the center.
striving for Excellence
We hold ourselves to the highest standards and push for continuous improvement in everything we do.
One Team, One Dream
Collaboration drives our progress - we succeed by working together towards a shared vision.
Open Communication
We believe honesty, transparency, and dialogue build stronger teams and better solutions.
Think Globally, Act Locally
We scale with global vision but succeed by staying rooted in local realities and communities.
Taking Ownership of the Result
We take responsibility for outcomes, celebrate wins, and learn from challenges as one team.