Browsing: PalmPay

• Since its launch in 2019, PalmPay has evolved into a financial super app that simplifies money transfer and expands access to digital financial services.
• By 2025, the platform manages over 35 million registered users, who conduct up to 15 million transactions daily.
• These users rely on PalmPay for instant cash transfers, credit, savings, insurance, and business tools tailored to power micro, small, and medium enterprises.

PalmPay, a rapidly scaling neobank and fintech platform targeting emerging markets, has been crowned Africa’s fastest-growing financial services firm by the Financial Times in its 2025 ranking of Africa’s Fastest-Growing Companies. Compiled in partnership with global research firm Statista, the list placed PalmPay second overall among 130 trailblazing businesses, cementing its leadership in the continent’s evolving digital finance segment.

The ranking reflects a remarkable performance trajectory. From 2020 to 2023, PalmPay posted a jaw-dropping annual growth rate (CAGR) of 583.6 per cent, driven by …