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A Chinese phone maker dominating smartphone sales in Africa, partnering with PalmPay to drive user acquisition.
News published about Transsion
Transsion’s Hong Kong IPO tests whether global investors will price Africa-built tech at scale
TechTrendsKE - Aug 16, 2026
Transsion has cleared another regulatory hurdle toward a Hong Kong listing. PalmPay is seeking about $200 million in fresh funding ahead of a possible Hong Kong debut.

PalmPay Eyes Up to $100M in Fresh Funding as it Pushes Beyond Nigeria
Tech Labari - Jun 05, 2025
Trended
PalmPay is in talks to raise between $50M and $100M in a Series B funding round. The company has already raised nearly $140M in previous funding rounds.

Profitable African fintech PalmPay is in talks to raise as much as $100M
TechCrunch - Jun 05, 2025
Trended
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.
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