Firm Wins Digital Payments Platform of the Year Award

PalmPay has been honored with the title of Digital Payments Platform of the Year at the prestigious 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards. This accolade acknowledges the Nigerian company's significant role in advancing digital payments and promoting financial inclusion across the country. During the awards ceremony held in Lagos, the BAFI Awards, the recognition was formally bestowed upon PalmPay by BusinessDay's publisher and co-founder, Mr. Frank Aigbogun.

Since its inception in Nigeria in 2019, PalmPay has constructed an inclusive digital financial services ecosystem, empowering users to execute payments, settle bills, and access other financial services via its platform. With a user base exceeding 35 million individuals nationwide, PalmPay's services are facilitated by an extensive network of merchants and agents, enabling seamless digital transactions throughout Nigeria.

Managing Director of PalmPay Nigeria, Chika Nwosu, expressed gratitude for the award, stating that it underscores the company's dedication to tailoring financial services to meet the everyday requirements of Nigerians. Nwosu remarked, "We are deeply honored to receive the Digital Payments Platform of the Year award at the BAFI Awards.

Digital payments have become an integral aspect of how Nigerians manage their finances, conduct business, and perform daily transactions. This recognition signifies our ongoing commitment to rendering financial services more accessible, dependable, and secure for the millions of PalmPay customers who rely on us daily."