PalmPay
Nigeria
Founded in
2019 (7 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
4/10
Reviews
64/90
96 reviews
Provided by TrustFinance
OVERALL SCORE
Others
4/10
Reviews
64/90
96 reviews
Provided by TrustFinance
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
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.
Company Information
Get to know PalmPay
Company Information
Get to know PalmPay
Launched in 2019, PalmPay is a financial technology company that aims to drive financial inclusion across Africa. It provides a secure and easy-to-use mobile application that functions as a digital wallet, allowing users to send and receive money, pay bills, top-up airtime, and access other financial services. Backed by major technology investors including Transsion Holdings (the parent company of Tecno, Infinix, and Itel mobile brands), PalmPay has rapidly expanded its user base to over 30 million users and a network of hundreds of thousands of merchants and agents. The company's mission is to make digital payments accessible and affordable for everyone, thereby empowering individuals and businesses in emerging markets.
Industry
- Financial Electronic PaymentPRIMARY
- Financial Other Service
- Financial Payment
Contact
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Social
Reviews
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Review Analytic
A
dutusco2
Direct
Excellent
Overall Thought
Palmpay is the best and top Fintech company in Nigeria currently with the way, daily come back rewards, cheap data subscription plan, highest paid referrals and good security, and easy to use platforms. I recommend palmpay for anyone looking for a good starting point.
Jun 19, 2024
A
gthmichael93
Direct
Excellent
Overall Thought
I have been using palmpay for 3 years now without any issues or problems. This is the best app ever Free transfers and instant payments And there is so much rewards on the app Both referrals bonus and welcome bonus I have made some free money from them too.
Aug 25, 2023
wisdom lucky
Direct
Excellent
Overall Thought
Palmpay is a bank app that helps you make transactions easily with no stress and no network issues using palmpay is a great joy to me because with my app i can buy data airtime and make transactions for free easily and you can also get loans from them they are doing a great job i will love you to get a palmpay account just with your phone number and enjoy fast safe and easy transactions.
Aug 25, 2023
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