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Builders in Fintech

PalmPay

Builders in Fintech has recorded 2 equity rounds for PalmPay, most recently a series a round of $100M on 3 February 2022.

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Products
Total raised
$140M · equity rounds with a stated amount
Last round
Series A · $100M · 3 February 2022
Investors
Nigeria

Timeline

  1. Funding round

    Series A · $100M

  2. Funding round

    Unspecified · $40M · Nigeria

All funding rounds in the database

Product

Mobile payments and banking app

Digital banking

PalmPay is a mobile financial services app for everyday money management in Africa. Customers use it to send and receive money, pay bills, buy airtime and data, save and access credit, and merchants accept payments through the app and a network of agents. The service is aimed at making low-cost digital payments and banking available to people who are underserved by banks.

Website

Description from the company website · Source

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