Africa’s fintech platform, PalmPay, has restated its commitment to driving the Federal Government’s cashless policy and deepening financial inclusion across the country.
Its Managing Director, Chika Nwosu, at a media roundtable held over the weekend at the company’s Lagos Ikeja headquarters, said the platform would continue to leverage cutting-edge technology by making world-class financial services available to the mass market particularly in regions where it is needed the most.
He said the platform remained the biggest financial app in Nigeria given the fact that it currently boasts of 16 million active monthly users.
According to him, the platform remained committed to driving financial inclusion in underserved communities hence the reason for expanding rapidly into new markets.
He revealed that the value of monthly transaction on the app was estimated to be worth $6 million with success rate of transaction at 99.5per cent.
Credit: thenationonlineng.net