PA

Startup Series A B2C

PalmPay

Mobile payment platform for Africa

Nigeria , Lagos Founded 2019 501-1000 Website

Total Raised$140,000,000

StageSeries A

Users30M+ users

Operating Since2019 (7y)

About PalmPay

PalmPay is a mobile payment platform offering money transfers, bill payments, airtime purchases, and credit services. The company has rapidly grown to become one of Nigeria's leading fintech apps, with a strong agent network and competitive features targeting the mass market.

Funding

Total Raised$140,000,000

Last Round$100,000,000Series A · Sep 2021

Investors

Tecno MobileNetEaseMediaTekChina Broadband Capital

Funding History

Series A Sep 2021

Lead: Tecno Mobile

Leadership & Team

Founder(s)Greg Reeve

CEOGreg Reeve

Traction & Recognition

Users30M+ users

Contact

palmpay.com

Quick Facts

CountryNigeria

Founded2019

TypeStartup

ModelB2C

Team Size501-1000

Operating In

NigeriaGhanaTanzaniaKenya

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