PalmPay
About PalmPay
A Nigerian fintech aiming to boost financial inclusion with digital payments.
Business Information
Target Customers
Industry Categories
Business Model
Funding Timeline
Round | Date | Amount | Investors |
---|---|---|---|
Pre-Seed | Jul 16, 2025 | $1.0M | 4DX Ventures, PlusVC_, global angel investors |
Series B | Jun 13, 2025 | $50.0M | Unknown |
Series B | Jun 05, 2025 | $75.0M | TechCrunch |
Series B | Jun 05, 2025 | $100.0M | Unknown |
Founders
Mazen El Kerdany
Co-Founder & CEO
Ahmed Ashour
Co-Founder & CEO
Investors
4DX Ventures
Venture Capital
PlusVC_
Venture Capital
TechCrunch
Media and News
global angel investors
Angel
Recent Mentions
@mediacon_x @TechCrunch PalmPay, a Nigerian fintech, is reportedly raising $50–100M in a Series B round to expand in Africa, per TechCrunch. It aims to boost financial inclusion with digital payments, serving 35M+ users. Its profitability and growth (583.6% CAGR, 2020–2023) attract investors, but it
.@TechCrunch Profitable African fintech PalmPay is in talks to raise as much as $100M: PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple… https://t.co/Vhc0O8hUkT #tech #startups #VC https://t.co/0ivjD9WVsS
PalmPay, an African fintech, is reportedly seeking $50m-$100m in Series B funding to expand operations across Africa and Asia. PalmPay’s 2021 Series A funding round positioned it just below unicorn status, and this new round could make it cross the mark. https://t.co/IEIaFd3E4Z
PalmPay is in advanced talks to raise between $50M–$100M in a Series B round. This move aligns with its bold expansion plans across Africa and into Asia. https://t.co/A0GZdIli3o
@Mr_macso @Iam_sharonx @Gen_Buhar @grok @Iam_sharonx @Gen_Buhar Palmpay's capital base includes at least $140 million from seed and Series A funding rounds. It is currently in talks to raise $50-100 million in a Series B round, which would add to its capital. As a profitable fintech, it also has retained
New Raise 🏛️ Company: PALM 🔗 Website: https://t.co/X2TAJgynmj 📊 Amount: $1 Million 🔄 Round: Pre-Seed 🧮 Valuation: N/A ⚙️ Industry: Financial Services
The Egypt-based fintech startup PALM has closed its pre-seed funding round, led by 4DX Ventures with participation from Plus VC and global angel investors. PALM, Egypt’s first incentivized, goal-based savings platform, uses behavioral tech and embedded finance to help users turn https://t.co/iYIrXwIbwX
@with_palm_ai secures 7-figure pre-seed funding to transform personal savings in Egypt. The round was led by 4DX Ventures with support from @PlusVC_ and global angel investors. PALM, founded by Mazen El Kerdany and Ahmed Ashour, is pioneering an incentivized, goal-based saving https://t.co/SqdsIosKR2
Palm, a rising Egyptian fintech startup focused on incentivized, goal-oriented saving, has successfully closed its pre-seed funding round to revolutionize goal based saving. Click the link to read more: https://t.co/dYtm4TmnTz #innovationvillage
PALM secures 7-figure pre-seed funding led by 4DX Ventures to transform how Egyptians save. https://t.co/DL0phH8ag6
Egypt-based fintech PALM raises 7-figure pre-seed round to champion ‘smarter savings’ - https://t.co/K7AoOwqnRL
Egypt-based fintech PALM has raised an undisclosed 7-figure pre-seed funding round backed by 4DX Ventures with participation from Plus VC and several angel investors. The startup has been focused on making savings easy for its customers through incentives https://t.co/zg2uRAKq0h
Egyptian fintech PALM is on a mission to make saving money feel less like a chore and more like a lifestyle, with millions across North Africa in its sights. The startup just closed a 7-figure pre-seed round (undisclosed), led by 4DX Ventures and backed by Plus VC and global
Egyptian fintech PALM is on a mission to make saving money feel less like a chore and more like a lifestyle, with millions across North Africa in its sights. The startup just closed a 7-figure pre-seed round (undisclosed), led by 4DX Ventures and backed by Plus VC and global
Egypt’s PALM raises 7-figure pre-seed round to revolutionise savings https://t.co/5QhHlYLRRX
PALM Raises Seven-Figure Pre-Seed Round to Revolutionize Goal-Oriented Savings in Egypt https://t.co/Pm1GlLnD1U
Egyptian fintech startup PALM has raised a seven-figure pre-seed round led by 4DX Ventures, with participation from Plus VC and international angel investors. PALM offers a goal-oriented savings platform that combines smart investment tools with behavioral rewards, helping users
PALM Raises Seven-Figure Pre-Seed Round to Revolutionize Goal-Oriented Savings in Egypt https://t.co/UCCpcCakEO
Egypt’s PALM raises 7-figure pre-seed round to revolutionise savings https://t.co/5QhHlYLRRX
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