MediaTek
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One of the world's largest mobile chipset makers, also an investor in PalmPay.
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Corporate VC hits 3-year high: 26 deals, 44% jump + African startups going global
Tech In Africa - Dec 22, 2025
Corporate-backed deals in H1 2025 reached 26, marking a 44% increase from previous periods. This surge represents the first sustained rebound after a flat period between H2 2023 and H2 2024.
Hollard GroupNaked InsuranceFlour Mills of NigeriaMediaTekPepsiCo
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Profitable African fintech PalmPay is in talks to raise as much as $100M
TechCrunch - Jun 05, 2025
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PalmPay is in talks to raise between $50 million and $100 million in a Series B funding round. The fintech has processed 15 million daily transactions, driven by its 35 million registered users.
PalmPayGICTranssionOPayMediaTek
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