Company Information

Get to know PalmApp

Founded in 2019, PalmPay is a financial technology company dedicated to driving financial inclusion across Africa. The platform operates as a mobile wallet that allows users to send and receive money, pay bills, purchase airtime, and access other financial services directly from their smartphones. PalmPay aims to bridge the gap for the unbanked and underbanked populations by providing a simple, secure, and low-cost alternative to traditional banking. The company is part of the Transsion Holdings ecosystem, which provides a strategic advantage in reaching a large user base through pre-installation on mobile devices.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

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PalmApp

Czech Republic

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.