PalmPay raises $175.0M (Nigeria, Aug 2026)

One of Africa’s biggest fintechs targets Hong Kong IPO after reaching $1 billion valuation - Business Insider Africa

PalmPay is one of Africa’s fastest-growing digital payments companies, offering services such as payments, transfers, savings, lending, and merchant services. The company serves over 35 million users and more than one million merchants, positioning itself as a significant player in the fintech space. With a valuation exceeding $1 billion, PalmPay is preparing for a potential IPO in Hong Kong while seeking to raise additional funding to support its expansion plans.

One of Africa’s biggest fintechs targets Hong Kong IPO after reaching $1 billion valuation  Business Insider Africa