PalmPay
PrivateLast Round
Series B
Jun 1, 2025
Est. Valuation
$850M
Total Funding Raised
$140M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
PalmPay is a fintech company that offers a mobile payment application providing reliable and affordable financial tools across Africa, allowing users to earn rewards, make payments, buy airtime, transfer funds, and request money with ease.
Sector
FinTech
Verticals
Digital Payments, Digital Wallets, Digital Banking, Point-of-Sale
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Hardware Sales, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
PalmPay Comparables
Compare PalmPay with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| OPay | 93% | |
| Moniepoint | 84% | |
| Paga | 83% | |
PalmPay Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Jun 1, 2025 | ||||
| Series A | Aug 1, 2021 | ||||
| Seed | Nov 13, 2019 |
Key People
Founding team and executive leadership
PalmPay Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| GIC Private Limited | Series A |
| NetEase | Seed |
| Yunshi Capital | Series A |
| AfricInvest | Series A |
| Capital Trust | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 16, 2026
Key sponsor announced for Payments Forum Nigeria (PAFON) 3.0.
- Apr 16, 2026
Key sponsor announced for Payments Forum Nigeria (PAFON) 3.0.
PalmPay Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about PalmPay's valuation, stock price, and market status.