Several reports have revealed that Nigerian fintech firm PalmPay is set to extend its operations to South Africa, Côte d’Ivoire, Uganda, and Tanzania by the end of 2025.
This expansion follows significant growth in Nigeria, where the company handled over15 million daily transactions during the first quarter of 2025.
PalmPay’s planned entry into these additional African markets appears to support its broader strategy of expanding its presence across the continent by delivering digital payment and financial services to an increasing number of users.
This expansion follows significant growth in Nigeria, where the company handled over15 million daily transactions during the first quarter of 2025.
PalmPay’s planned entry into these additional African markets appears to support its broader strategy of expanding its presence across the continent by delivering digital payment and financial services to an increasing number of users.