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Published NigeriaUpdated

PalmPay: Nigerian Superapp Supported by €130 Million of Chinese Financing

Summary by FrenchWeb.fr
The future of African mobile banking is not inspired by European standards but is inventing in contexts where bank exclusion, the dominance of cash and the weakness of infrastructure make it necessary to rethink everything. And it's a handful of African fintechs, led by PalmPay in Nigeria, that build more hybrid, more distributed financial superapps, and often ... The PalmPay article: the Nigerian superapp supported by 130 million euros of Chine…
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The future of African mobile banking is not inspired by European standards but is inventing in contexts where bank exclusion, the dominance of cash and the weakness of infrastructure make it necessary to rethink everything. And it's a handful of African fintechs, led by PalmPay in Nigeria, that build more hybrid, more distributed financial superapps, and often ... The PalmPay article: the Nigerian superapp supported by 130 million euros of Chine…

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FrenchWeb.fr broke the news in on Thursday, June 12, 2025.
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