PalmPay named Africa’s fastest-growing fintech
- PalmPay has been named Africa’s fastest-growing fintech by The Financial Times.
- The company posted a revenue of $63.9 million in 2023 and has over 1,000 employees.
- In May 2025, PalmPay processed 15 million daily transactions.
PalmPay's rapid growth and expansion into new markets demonstrate a strong demand for digital financial services in Africa. However, the company must navigate the competitive landscape and ensure it maintains its growth momentum while addressing the diverse needs of its user base.
