Payment platform company, Palmpay, announced that its customer base has reached a remarkable 25 million users on its smartphone app.
It also expressed delight that a significant number of 500,000 mobile money reps and 300,000 traders has been achieved in its payment community. The firm stated that its accelerated market spread within 4 years of launching was an indication of Palmpay’s vigorous tactics based on providing dependable, easy-to-use, and comprehensive payment services.
Sofia Zab who is the Global CMO of PalmPay, said, “We are proud to be a driving force of financial inclusion and cashless payment adoption in Nigeria. PalmPay’s growth validates our approach and illustrates the increasing demand for innovative fintech solutions that address the unique needs of Africa’s underserved population.”
The CMO added that the fintech’s upcoming plan is to establish a better connection across customers and businesses by computerizing vendor transactions.