Leading Nigerian fintech company PalmPay has taken home the prestigious Nigerian Marketing Awards' Financial Institution of the Year, Best Use of Social Media, and Brand Manager of the Year awards.
Excellence in marketing in Nigeria is acknowledged by the Nigerian Marketing Awards. It aims to recognize and honor exceptional companies, individuals, and brands in the Nigerian marketing sector.
The National Institute of Marketing of Nigeria (NIMN), the Advertising Regulatory Council of Nigeria (ARCON), the Association of Advertising Agencies of Nigeria (AAAN), the Outdoor Advertising Association of Nigeria (OAAN), and the Experiential Marketers Association of Nigeria (EXMAN) all support the awards.
"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," said Kevin Olumese, senior marketing manager at PalmPay, upon accepting the awards.
Olumese claimed that winning these awards is an honor because they competed against outstanding brands like Nigerian Breweries and MTN's MoMo.
PalmPay has been dedicated to promoting economic empowerment in Nigeria ever since its 2019 launch. PalmPay offers an extensive range of secure, user-friendly, and inclusive financial services that enable ordinary Nigerians to afford high-quality products. We promote financial inclusion by doing this.
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.