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PalmPay Competitors and Similar CompaniesClear all

PalmPay's competitors and similar companies include PhonePe, PayPay and Nexi Payments.

	PalmPay PalmPay is a company that provides a payment app.	PhonePe PhonePe is a mobile payments app that allows users to transfer money instantly to anyone, by using just their mobile number.	PayPay PayPay is a fintech company that develops e-payment services.	Nexi Payments Nexi Payments (formerly known as CartaSi) is a paytech company that provides payment and acceptance services.
Founding Date	Founding Date 2019	Founding Date 2015	Founding Date 2018	Founding Date 1985
Type	Type Private	Type Private	Type Public	Type Subsidiary
Tags	Tags Technology fintech mobile app payments	Tags Technology fintech mobile app payments	Tags Technology fintech mobile app payments platform	Tags Technology fintech mobile app payments
Locations	Locations Ikeja, NG HQ Aba, NG Abeokuta, NG Abuja, NG Ado Ekiti, NG Akure, NG Bauchi, NG see more	Locations Bengaluru, IN HQ	Locations Tokyo, JP HQ Minato City, JP	Locations Milan, IT HQ
Employees	Employees 1,8671% increase	Employees 16,4772% increase	Employees 2,012	Employees 1,3681% increase
Operating ⚠
Registered Users	Registered Users 100 k (Nov, 2019)	Registered Users 275 m (Mar, 2021)	Registered Users N/A	Registered Users N/A
Transactions	Transactions 1 m (Nov, 2019)	Transactions N/A	Transactions N/A	Transactions 3.2 b (FY, 2018)
Funding
Latest funding round	Latest funding round $ 40m (over 6 years ago)	Latest funding round $ 350m (over 3 years ago)	Latest funding round N/A	Latest funding round N/A
Total funding raised	Total funding raised $ 40m	Total funding raised $ 1.5b	Total funding raised N/A	Total funding raised N/A