Palmpay Wins Big at the Nigerian Marketing Awards

Leading Nigerian fintech, PalmPay has won the awards for Financial Institution of the Year,
Best Use of Social Media and Brand Manager of the Year in person of Kevin Olumese. The
award was presented last Friday at the Prestigious Nigerian Marketing Awards at Eko Hotel
and Suites, Victoria Island.

The Nigerian Marketing Awards recognises marketing excellence in Nigeria. It seeks to
reward and celebrate outstanding brands, personalities and organisations in the Nigerian
marketing industry. The awards are endorsed by the Advertising Regulatory Council of
Nigeria (ARCON), Association of Advertising Agencies of Nigeria (AAAN), National
Institute of Marketing of Nigeria (NIMN), Outdoor Advertising Association of Nigeria
(OAAN), and Experiential Marketers Association of Nigeria (EXMAN).

Upon receiving the awards, Kevin Olumese, Senior Marketing Manager, PalmPay, noted that
‘these awards are a testament to the many giant strides of the brand and evidence of the
hardworking team at PalmPay which includes employees, partners, agents and merchants. It’s
an honour to receive these awards because it was contested with phenomenal brands like
Nigerian Breweries and MTN’s MoMo. ’

Also Read: Why PalmPay is Playing Big in the Digital Banking Space- Chika Nwosu

Since launching in Nigeria in 2019, PalmPay has been committed to driving economic
empowerment in Nigeria. Through its secure, user-friendly, and inclusive suite of financial
services, PalmPay brings top-tier products into the pockets of everyday Nigerians. With this,
we drive financial inclusion. The platform has grown to over 30 million app users and over
1.1 million businesses, with 600,000 merchants and 500,000 agents as part of its cashless
payment ecosystem.

The company has disclosed USD 140m of funding. The PalmPay app is available on Google
Play Store and iOS App Store in Nigeria and Ghana, with more markets going live in 2023.