The Managing Director of PalmPay, Chika Nwosu, has highlighted smartphone penetration, improved internet connectivity, and technological innovation as pivotal factors for expanding mobile money access in Nigeria. Speaking during a media engagement at the company’s Lagos headquarters on Friday, January 2025, Nwosu noted that Nigeria’s smartphone penetration is projected to […]
Palmpay
PalmPay, a leading Africa-focused fintech platform, has earned recognition in the prestigious 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering outstanding customer experiences. The platform outperformed traditional banks in critical areas of service delivery, solidifying its reputation as a leader in Nigeria’s digital financial services sector. The […]
Managing finances as a student has always been a challenge, with tight budgets, numerous responsibilities, and the looming threat of online fraud. For many students, the fear of falling victim to scams has made digital transactions feel risky, with stories of identity theft and fraudulent websites circulating among peers. However, […]
To mark the upcoming International Anti-Fraud Awareness Week, PalmPay, a prominent financial institution in Nigeria, is launching a series of initiatives aimed at educating the public on fraud prevention and digital security. The highlight of these activities is a community walk titled “United Against Fraud: Building a Safer Future,” scheduled […]
L-R: Dr Babatunde Obrimah, COO FintechNGR; Tiwalola Osazuwa, Partner, AELEX Partners; Noble Obasi, Team Lead for Private Equity, Capital Markets, and Mergers & Acquisitions, Stren & Blan; Ade Bajomo, President FintechNGR; Bemi Idowu, Founder & MD, Talking Drum; Taiwo Kamson Ketiku, Principal, EchoVC; Chika Nwosu, MD, PalmPay after a panel discussion […]
PalmPay, a prominent fintech company in Nigeria, recently celebrated significant milestones in its growth while unveiling key updates to bolster its impact on the nation’s financial landscape. During the event, the company officially launched its much-anticipated USSD code, *861#, aimed at increasing access to its services for users without internet […]
In a world where speed and efficiency are key, managing payments quickly can make all the difference, especially when time is of the essence. Imagine being on an important call and running out of airtime—your first instinct is to top up immediately so you can continue the conversation without delay. […]
At the recent Nigeria Fintech Forum, PalmPay, a prominent fintech platform focused on Africa, emphasized the need for enhanced collaboration and innovation between banks and fintech companies to improve financial inclusion, particularly at the last mile. Chibuzor Melah, PalmPay’s Head of Partnerships, delivered this message during a panel discussion titled […]
From the 2023 NIBSS Annual Fraud Landscape report, incidents of fraud in Nigeria have seen a staggering increase, particularly in internet banking. The report noted a 325% rise in fraud losses through internet banking from 2022 to 2023. Mobile, web, and point-of-sale (POS) platforms emerged as the most targeted channels […]
As Nigeria’s digital banking industry continues to expand, the PalmPay app has emerged as a leading platform for individuals seeking to generate additional income. With a robust user base exceeding 30 million and a network of 1.1 million businesses, including 600,000 merchants and 500,000 agents, PalmPay offers unparalleled opportunities in […]