FintechNigeriaAug 04, 2026

PalmPay raises $175.0M (Nigeria, Aug 2026)

$175.0M
$150 million to $200 million

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Backed by Transsion Holdings, NetEase +1 more · verified emails and LinkedIn on Datapile

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Headline

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

About

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.

Article summary

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

Investors · 3
1 hidden
Transsion HoldingsLead
FUND
NetEase
FUND
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