PalmPay wins outstanding fintech award



PalmPay, a Nigerian fintech platform, has announced that it has been awarded the Most Outstanding Fintech Driving Financial Inclusion at the BrandCom Awards 2024 held recently in Lagos.

According to a statement, Palmpay said the award, presented by Brand Communicator, celebrated its remarkable contribution to expanding financial inclusion across Nigeria.

It noted that the recognition reflects PalmPay’s commitment to bridging financial gaps and expanding access to reliable financial services for millions of Nigerians.

The Head of Marketing and Communications at PalmPay, Hanson Femi, said, “At PalmPay, we believe financial inclusion is the foundation for economic empowerment, and we are dedicated to ensuring that every Nigerian has access to secure, user-friendly, and reliable financial services.

“This award highlights the collective efforts of our team and partners who work tirelessly to make financial services more accessible to underserved communities across the country.”

It added that PalmPay’s broad suite of digital offerings, includes instant transfers, bill payments, and its newly launched Unstructured Supplementary Service Data feature, which is designed to make banking easily accessible to all.

“Today, Palmpay’s app serves over 35 million users and connects 1.2 million businesses through its network of mobile money agents and merchants, cementing its role as a leader in the Nigerian fintech ecosystem,” the statement said.

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