PalmPay, has been named Virtual Bills Platform of the Yr on the 2026 BusinessDay Banks and Different Monetary Establishments (BAFI) Awards, recognising the corporate’s contribution to the expansion of virtual bills and monetary inclusion in Nigeria.
The BAFI Awards organised by means of BusinessDay and held in Lagos, was once formally introduced to PalmPay by means of the writer and co-founder of BusinessDay, Mr. Frank Aigbogun.
Since launching in Nigeria in 2019, PalmPay has constructed an inclusive virtual monetary products and services ecosystem, enabling consumers to make bills, pay expenses, and get right of entry to different monetary products and services via its platform. The corporate now serves over 35 million customers in Nigeria, supported by means of a vast community of traders and brokers that permits virtual transactions around the nation.
Commenting at the popularity, Managing Director, PalmPay Nigeria, Chika Nwosu, mentioned the award mirrored the corporate’s dedication to development monetary products and services across the on a regular basis wishes of Nigerians.
“We’re honoured to obtain the Virtual Bills Platform of the Yr award on the BAFI Awards. Virtual bills have change into the most important a part of how Nigerians set up their budget, run companies and perform on a regular basis transactions. This award displays our persisted dedication to creating monetary products and services extra available, dependable and safe for the hundreds of thousands of consumers who use PalmPay on a daily basis,” Nwosu mentioned.