PalmPay

EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M Users in Nigeria
EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M...
August 30, 2022  |  emea

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits...

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PalmPay Hits 10M Users in Nigeria
PalmPay Hits 10M Users in Nigeria
August 30, 2022  |  Digital Payments

Lagos-based FinTech PalmPay has doubled its user base in the last six months to reach 10 million users in Nigeria. Since its 2019 launch, PalmPay has...

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Nigeria Turns To FinTechs To Boost Financial Inclusion
Nigeria Turns To FinTechs To Boost Financial Inclusion
December 01, 2019  |  Digital Banking

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on...

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Africa Gains Global FinTech Investor Favor
Africa Gains Global FinTech Investor Favor
November 18, 2019  |  Fintech Investments

The potential to bring electronic payments to the continent of Africa, home to 1.2 billion unbanked and underbanked individuals, has been enough to lure FinTech...

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Africa’s PalmPay Debuts In Nigeria On Heels Of $40M Funding
Africa’s PalmPay Debuts In Nigeria On Heels Of $40M Funding
November 14, 2019  |  Investments

After a $40 million Seed funding round, payment startup PalmPay has officially launched in Nigeria. The funding round was led by Chinese company Transsion’s subsidiary,...

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