A Fintech Company, PalmPay, has pledged redoubled efforts to bridge the gap in financial inclusion through continuous support of government’s drive for economic empowerment across Nigeria.
PalmPay’s Managing Director, Mr Chika Nwosu, made this known in a statement on Friday.
The company, which said users of its platform had hit the 30 million mark, said it would make innovative financial services more inclusive to the unbanked communities.
Nwosu assured Nigerians that Palmpay, which began operations in 2019 under a Mobile Money Operator license, was committed to providing seamless and secure financial transactions.
He promised that the company would continue to do more to support government’s economic programs.
“This drive has led us over the years to develop an impressive suite of financial products on our PalmPay platform, resulting in over 30 million users, 1.1 million businesses, including 600,000 merchants and 500,000 agents as part of our cashless payment ecosystem,” Nwosu said
He expressed delight that the company won an award of excellence in the Fintech Category at a recently concluded 2023 Digital Nigeria Conference organised by the National Information Technology Development Agency (NITDA).
NITDA had recognized PalmPay for its effort in providing excellent payment services for millions of unbanked communities across Nigeria.
“The Excellence in the Fintech Category award is another testament to PalmPay’s efforts to support the government’s drive to empower millions of unbanked Nigerians economically by bridging the country’s financial inclusion gap.
‘’This award has further inspired us to redouble our efforts to make innovative financial services more inclusive to the unbanked communities.
‘’PalmPay will continue to improve our financial services to make them faster, seamless and more secure for our users,’’ he said.