PalmPay is a financial service provided by PalmPay Limited, a company licensed and regulated by the Central Bank of Nigeria (CBN). It offers a range of services, including account opening, money transfers, bill payments, and access to financial products like savings, mutual funds, and insurance.

PalmPay aims to drive economic empowerment across Africa through its secure and user-friendly platform.

As of early 2025, PalmPay celebrated reaching 25 million users in Nigeria, supported by a network of 800,000 mobile money agents and merchants.