PalmPay, a fintech platform, yesterday said it has grown its customer base to 30 million users, and 1.1 million businesses including 600,000 merchants and 500,000 agents.
The fintech in a statement on Thursday said the company has also disclosed $140m of funding.
“Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to 30 million users, and 1.1 million businesses including 600,000 merchants and 500,000 agents are part of its cashless payment ecosystem”, the statement said.
The PalmPay app is available on Google Play Store and iOS App Store in Nigeria and Ghana, with more markets going live in 2023.
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Meanwhile, PalmPay has won the awards for Financial Institution of the Year, Best Use of Social Media and Brand Manager of the Year in person of Kevin Olumese.
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