The payment app that rewards you! The smarter way to pay. Customer care line: 017005700
Employees: 201-500
Phone: +234 1 700 5700
Total raised: $140M
Founded date: 2019
Investors 1
| Date | Name | Website |
| 10.02.2021 | China Crea... | en.ccvcap.... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 03.02.2022 | Series A | $100M | - |
| 12.11.2019 | - | $40M | - |
Mentions in press and media 11
| Date | Title | Description |
| 27.06.2024 | OceanBase announces its listing on Google Cloud Marketplace, expanding cloud database services to 80 availability zones worldwide | JAKARTA, Indonesia, June 27, 2024 /PRNewswire/ -- During the inaugural OceanBase INFINITY tech conference in Jakarta, Indonesia, OceanBase unveiled that its comprehensive suite of cloud database products and services is now accessible on th... |
| 19.06.2024 | NIBSS downtimes: Is Nigeria’s fintech sector built on a house of cards? | Last week, Nigeria’s financial technology (fintech) sector faced a significant setback when the Nigeria Inter-Bank Settlement System (NIBSS) experienced a three-day downtime. This critical infrastructure disruption led to delays and failure... |
| 22.04.2022 | Infinix Announces Infinix Wallet in Partnership with PalmPay Infinix Digital Credit Account: Instant Credit Load Bank Cards & Manage Funds Simple Digital Finances Safe & Secure | Intelligent, Secure & Efficient Digital Finances Infinix today launched the Infinix Wallet, a digital wallet app co-developed with mobile financial services platform PalmPay, with the aim of building a multi-dimensional digital life eco... |
| 19.04.2022 | Infinix Announces Infinix Wallet in Partnership with PalmPay | Intelligent, Secure & Efficient Digital Finances SHANGHAI, April 19, 2022 /PRNewswire/ -- Infinix today launched the Infinix Wallet, a digital wallet app co-developed with mobile financial services platform PalmPay, with the aim of buil... |
| 03.02.2022 | PalmPay raised $100M Series A last August, claims to have 5 million users | Africa-focused payments startup PalmPay raised a $100 million Series A round last year. TechCrunch spotted this news in Partech Africa’s latest end-of-year report on venture capital investments in Africa. Further checks in Crunchbase and Tr... |
| 12.01.2021 | Clock ticking with 50 million Naira to be won this week in PalmPay’s massive giveaway | If you’re wondering what the biggest company giveaway in Nigeria is this season, we’ve got you – and there’s still time to participate. PalmPay is rewarding thousands of Nigerians who transact on its payments app by the 18th of January with... |
| 22.04.2020 | In Nigeria, PalmPay waives fees and creates ₦100M COVID-19 payout fund | Africa-focused payment startup PalmPay will waive transfer fees in Nigeria and offer direct payouts to customers who have contracted COVID-19 in the West African country. The venture — that launched in 2019 backed by China’s Transsion — has... |
| 31.12.2019 | 2019: The big year of tech investment in Africa | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 04.12.2019 | Lessons from M-Pesa for Africa’s new VC-rich fintech startups | In African fintech, the fourth quarter of 2019 brought big money to new entrants. Chinese investors put $220 million into OPay and PalmPay — two fledgling startups with plans to scale in Nigeria and the broader continent. Several sources to... |
| 13.11.2019 | TECNO parent company, Transsion Holdings enters African mobile payments with PalmPay | Share this article: Transsion Holdings, the company behind the TECNO, Infinix and Itel brands, has finally entered the African mobile payments market with PalmPay, which launches officially today. Sources confirm to Techpoint that PalmPay i... |
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