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November 13, 2019 07:58 am GMT

PalmPay launches in Nigeria on $40M round led by Chinas Transsion

Africa focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed-round led by Chinese mobile-phone maker Transsion. The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase and Taiwanese wireless comms hardware firm Mediatek a Transsion spokesperson confirmed to TechCrunch. PalmPay had piloted its mobile fintech offering in […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RA2XEoOB53c/

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