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London-based PalmPay runs a fintech app for money transfers, bill payments and shopping in Nigeria, Ghana, Tanzania and the UK.
Founded in 2019 and based in London, UK, PalmPay Limited provides financial services mainly in Nigeria, Ghana, Tanzania and the United Kingdom. Its app serves more than 35 million users and includes business tools such as account management, Point of Sale payment processing and an agent network. The company earns fees on transactions and partners with retailers to integrate its payment solutions. CEO Kyai Mullei leads the company, which in June 2025 raised USD 50 million in Series B funding from unspecified investors.
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