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PalmPay

Lagos, Nigeria πŸ‡³πŸ‡¬

Financial Services

PalmPay is a simple and secure payment app that give rewards.

Total Funding

140M USD

Investor Count

9

Employee Range

51-200

Year Founded

2019

About PalmPay

PalmPay is a simple and secure payment app that give rewards. This app lets to send quick cash between friends and pay for airtime and utilities. This startup was launched in 2019 and aims to become Africa's largest financial services platform.

Financial Services Payments
SHA Score64
Jason Mycroft

Chief Commercial Officer

Lagos, Nigeria πŸ‡³πŸ‡¬

Greg Reeve

CEO

Lagos, Nigeria πŸ‡³πŸ‡¬

Technologies In Use
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Website Info
Paris
France
+85%
Amsterdam
Netherlands
+75%
Venice
Italy
+62%
Barcelona
Spain
+24%
Sydney
Australia
+20%

Total Amount Raised

140M USD +5.5%

Total Funding Rounds

2.00

Investor Count

9

Latest Round

Series A
Funding Breakdown For PalmPay View all
Round Date Announced Amount Raised
#1 Series A 30th August 2021 100,000,000
#2 Seed 13th November 2019 40,000,000
Fawry

Banking

Al Qahirah, Egypt

Interswitch

Financial Services

Lagos, Nigeria

Recent Funding Activity
Most recent funding
@Brown Asher's most recent funding is aSeed ROund

Creative Design 1h ago

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Front-End Development 1h ago

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Yesterday
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Front-End Development 1h ago

In the Media
BusinessAMLive
PalmPay celebrates 3rd anniversary with N300m giveaway – Businessamlive - BusinessAMLive
... Published - 11th October 2022
IT News Africa
Fintech PalmPay Celebrates Massive User Milestone in Nigeria - IT News Africa
... Published - 11th October 2022
Techcabal
PalmPay taps ex-Opay executive to lead marketing in Nigeria
... Published - 25th November 2024
FAQs

Some of the Frequently Asked questions about PalmPay.

PalmPay was founded in 2019.
PalmPay's headquarters are located in Lagos, Nigeria.
PalmPay's latest funding round was a Series Around .
To date, PalmPay has raised a total of 140M USD.
PalmPay's founders include:

Jason Mycroft, Greg Reeve.

Some competitor startups to PalmPay are:

Fawry, Interswitch