Palmpai Commits to Supporting 35 Million Users in Nigeria

Palmpai, a fintech firm operating in Nigeria since 2019, has reiterated its commitment to support 35 million users on its transaction platform. Managing Director Chika Nwosu emphasized the platform's significant role in Nigeria's digital finance landscape, particularly its integration with the Nigeria Inter-Bank Settlement System (NIBSS) and the national payment stack.

This integration positions Palmpai within a broader network designed to enable interoperability among banks and fintech service providers. Nwosu noted that the platform has achieved a reliable transaction success rate and uptime, which are critical for performance in a cash-driven economy.

The firm has been operational for six years and considers its user base a key measure of success in the evolving digital finance ecosystem in Nigeria.