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palmpay_ng

About palmpay_ng

PalmPay is a digital banking platform that provides reliable and affordable financial tools across Africa, enabling users to send and receive money, pay bills, and manage their finances seamlessly.

Business Information
Target Customers
consumers small businesses merchants
Industry Categories
Accounting/Finance Blockchain/Web3 International & Crossborder
Business Model
Revenue Model Transaction fees, subscription services
Pricing Strategy Freemium model with premium features
Sales Channels direct to consumer, partnerships with merchants
Funding Timeline
Round Date Amount Investors
Series B Jun 05, 2025 $75.0M Unknown
Founders

No founder information available.

Investors

No investor information available.

Recent Mentions
TheFlipAfrica
The Flip @TheFlipAfrica
Jun 05, 2025

@palmpay_ng's new raise is a Series B round. Sources say the target is between $50M and $100M in equity and debt. The company’s last round in 2021 brought it close to unicorn status.