By Ayomide Otitoju
PalmPay, a prominent Nigerian fintech platform, has been recognized as the “Most Outstanding Fintech Driving Financial Inclusion” at the 2024 BrandCom Awards in Lagos. The award, presented by Brand Communicator, acknowledges PalmPay’s significant efforts in expanding access to financial services across Nigeria.
In a statement, PalmPay celebrated the honor as a testament to its commitment to bridging financial gaps and enhancing financial access for millions of Nigerians. Hanson Femi, Head of Marketing and Communications at PalmPay, emphasized the company’s dedication to economic empowerment through financial inclusion.
“Financial inclusion is the foundation for economic empowerment,” Femi stated. “We are committed to ensuring that every Nigerian has access to secure, user-friendly, and reliable financial services. This award reflects the hard work of our team and partners who strive to make financial services accessible to underserved communities across Nigeria.”
PalmPay’s digital offerings include instant transfers, bill payments, and its newly launched Unstructured Supplementary Service Data (USSD) feature, which is designed to simplify banking for users without internet access. Currently, PalmPay serves over 35 million users and connects 1.2 million businesses nationwide through its network of mobile money agents and merchants, solidifying its leadership in Nigeria’s fintech ecosystem.
