PalmPay, has been named Digital Payments Platform of the Year at the 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, recognising the firm’s contribution to the development of digital funds and monetary inclusion in Nigeria.
The BAFI Awards organised by BusinessDay and held in Lagos, was formally offered to PalmPay by the writer and co-founder of BusinessDay, Mr. Frank Aigbogun.
Since launching in Nigeria in 2019, PalmPay has constructed an inclusive digital monetary providers ecosystem, enabling prospects to make funds, pay payments, and entry different monetary providers by means of its platform. The firm now serves over 35 million customers in Nigeria, supported by a broad community of retailers and brokers that allows digital transactions throughout the nation.
Commenting on the recognition, Managing Director, PalmPay Nigeria, Chika Nwosu, mentioned the award mirrored the firm’s dedication to constructing monetary providers round the on a regular basis wants of Nigerians.
“We are honoured to receive the Digital Payments Platform of the Year award at the BAFI Awards. Digital payments have become an important part of how Nigerians manage their finances, run businesses and carry out everyday transactions. This award reflects our continued commitment to making financial services more accessible, reliable and secure for the millions of customers who use PalmPay every day,” Nwosu mentioned.
