PalmPay - FinTecBuzz

PalmPay Launches Debit Card in Nigeria with Verve

April 16, 20257 min

On March 29, 2025, PalmPay, a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. The launch of its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for its fee-free transfers and cashback rewards into a full-service digital banking platform offering an integrated ecosystem for payments, savings, credit, insurance, and now, card access. The new PalmPay Debit...

by PRNewswire

Payments

PalmPay Hits 10 Million User Milestone in Nigeria

August 30, 20224 min

PalmPay, a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the same league as major institutions only 3 years after the company launched in the market. The fintech, which operates under a Mobile Money Operator license from the Central Bank of Nigeria, has gained significant traction...