Federal Govt Recognises PalmPay For Advancing Financial Inclusion

The national authorities has conferred the Digital Governance Company of the Year (Fintech Innovation) Award connected PalmPay, recognising its publication to fiscal inclusion and technological innovation successful governance.

The grant was presented astatine the Nigeria GovTech Awards 2025, organised by the Bureau of Public Service Reforms (BPSR), and held astatine the Banquet Hall of the Presidential Villa, Abuja.

The yearly lawsuit celebrates excellence successful integer governance, honouring some nationalist and backstage assemblage organisations leveraging exertion to heighten work delivery, transparency, and bully governance successful Nigeria.

Receiving the grant connected behalf of the company, Palmpay Limited’s managing director, Chika Reginald Nwosu, expressed appreciation for the nationalist designation and reiterated the firm’s committedness to the government’s integer system drive.

“This grant reflects our dedication to creating inclusive, secure, innovative fiscal solutions for Nigerians. We stay committed to supporting the government’s integer translation docket and empowering individuals and businesses done accessible fintech innovation,” Nwosu said.

In his remarks, the director-general of BPSR, Dasuki Ibrahim Arabi, described the grant arsenic portion of the government’s broader effort to foster a civilization of innovation and reward institutions advancing integer nationalist work reforms.

Meanwhile, PalmPay’s designation reinforces its increasing relation successful Nigeria’s integer fiscal ecosystem. Since its introduction into the market, the neobank has expanded entree to mobile payments, savings, and micro-insurance done its mobile app and cause network, peculiarly among underserved populations.

Similarly, the institution continues to thrust fiscal inclusion nationwide with user-friendly, secure, and scalable fiscal products designed to beforehand economical empowerment and enactment nationalist improvement goals.

Consequently, the Nigeria GovTech Awards service arsenic a level to spotlight the intersection of technology, governance, and inclusive development, encouraging nationalist and backstage stakeholders to put successful solutions that payment the wider society.