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.