Omobolaji Adekunle , Abuja
PalmPay, a leading neobank driving financial inclusion in Nigeria, has been honoured with the “Digital Governance Company of the Year (Fintech Innovation)” award at the Nigeria GovTech Awards 2025, organised by the Bureau of Public Service Reforms (BPSR).
The award ceremony, held at the Banquet Hall of the Presidential Villa, Abuja, celebrated public and private sector organisations and individuals who have distinguished themselves in the deployment of technology to enhance good governance, transparency, and innovation across Nigeria.
Receiving the award, Managing Director of PalmPay Limited, Mr. Chika Reginald Nwosu, expressed appreciation to the organisers and reaffirmed the company’s commitment to supporting the Federal Government’s digital transformation and financial inclusion agenda.
“This award reflects our dedication to creating inclusive, secure, and innovative financial solutions for Nigerians,” Nwosu said. “We remain committed to supporting the government’s digital transformation drive and empowering individuals and businesses through accessible fintech innovation.”
The Nigeria GovTech Awards, an annual initiative of the BPSR, recognises outstanding achievements in digital governance and innovation, highlighting the critical role of technology in improving public service delivery and driving national development.
PalmPay’s emergence as the Digital Governance Company of the Year (Fintech Innovation) further reinforces its position as a trusted player in Nigeria’s fast-growing fintech ecosystem, promoting transparency, financial inclusion, and economic empowerment through technology.
Since its launch in Nigeria in 2019 under a Mobile Money Operator licence, PalmPay has grown to become one of the country’s most trusted digital financial platforms, with over 35 million app users and processing up to 15 million transactions daily.
The platform offers a wide range of services, including mobile payments, savings, and micro insurance, accessible through its mobile app and agent network.
PalmPay currently operates in Nigeria, Ghana, Tanzania, and Bangladesh, with a mission to provide secure, user friendly, and inclusive financial services that drive growth and financial empowerment across emerging markets.
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