Fintech

PalmPay eyes Hong Kong IPO, joining OPay in Africa’s fintech listing race

PalmPay, the Africa-focused fintech, is reportedly preparing for an initial public offering in Hong Kong, according to Bloomberg.

Features

Ex-PalmPay employee’s startup helping Africans reduce the cost of online subscriptions

Subify is helping Africans cut software subscription costs by splitting enterprise plans across users, turning a WhatsApp group into a fast-growing fintech product.

News

Nigeria mandates POS geotagging, placing a 60-day test on fintechs

While the move may disrupt informal operators, it’s expected to strengthen trust in digital payments and improve traceability across Nigeria’s financial system.

Fintech

PalmPay confirms fundraising talks as expansion plans target Africa and Asia

PalmPay is in advanced talks to raise between $50M–$100M in a Series B round. This move aligns with its bold expansion plans across Africa and into Asia.

Fintech

UBA eyes small business market with massive pos terminal launch

UBA has launched 46,000 smart PoS terminals in Nigeria under its new RedPay brand, in a strategic move to reclaim market share from dominant fintechs like Moniepoint, OPay, and PalmPay.

Fintech

PalmPay eyes remittances as it mulls Asia Expansion

This move aligns with a growing trend among African fintechs to tap into the global remittance market, particularly in Asia

News

Palmpay partners Jumia to boost e-commerce payments in Nigeria

This partnership has the potential to boost transaction volumes for PalmPay, a strong competitor to JumiaPay, Jumia's fintech arm