Palmpay

Type: Mobile Payment Platform

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About Palmpay

Founded	2019
Headquarters	Lagos, Nigeria
Market share	Palmpay is rapidly growing in the Nigerian mobile payment market, competing with other fintech solutions.
Major competitors	Flutterwave Paystack Opay Interswitch
Notable partnerships	Telecom providers like MTN and Airtel. Local merchants and service providers. Financial institutions for payment processing.
Recent developments	Expansion of services to include international remittances. Introduction of new features for enhanced user experience. Partnerships with telecom companies to increase accessibility.
Regulations	Palmpay operates under the regulatory framework of the Central Bank of Nigeria and adheres to local financial regulations.
Official website	https://www.palmpay.com