PalmPay talks customer safety first at 2023 Nigeria Fintech Week

PalmPay, a leading African-focused fintech company committed to driving financial inclusion through technology, has urged players in the financial services sector to put customers’ safety first.

At the 2023 Nigeria Fintech Week at the Landmark Center, Lagos, Folu Aduloju, Head of Operations, PalmPay, rallied the support of other stakeholders in Nigeria’s fintech ecosystem to help drive customer safety in the push for economic inclusion.

Speaking to the media on the sidelines of the event, Adeloju said,

This year’s edition of the Nigeria Fintech Week, themed “Resilience, Innovation, and Diversification,” united over 15,000 financial and fintech executives as well as decision-makers from prominent fintech companies, banks, insurers, technology services providers, venture capitalists, media outlets, government representatives, and regulators in over 80 countries of the world.

The event converges traditional financial institutions with innovative fintech companies in Nigeria, one of Africa’s fastest-growing tech start-up hubs.

The event also provides stakeholders from diverse industries with technology integration opportunities to actively engage in essential discussions regarding innovative solutions in the fintech sector.

PalmPay is a leading Africa-focused fintech platform committed to driving economic empowerment in Africa.

Through its secure, user-friendly, and inclusive suite of financial services, PalmPay brings top-tier products into the pockets of everyday Nigerians.

PalmPay offers money transfers, bill payments, credit services, and savings on its app and via its mobile money agents.

Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to 30 million users, and 1.1 million businesses including 600,000 merchants and 500,000 agents are part of its cashless payment ecosystem.

The company has disclosed USD 140m of funding. The PalmPay app is available on Google Play Store and iOS App Store in Nigeria and Ghana, with more markets going live in 2023.