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PalmPay – Company Information & Legitimacy Check

Who is behind PalmPay, who owns it, and how to verify the lender is safe before you borrow in Nigeria.

Is PalmPay legit and safe?

PalmPay is operated by Transsnet Financial Nigeria Limited, registered at Lagos, Nigeria. As a digital lender it typically operates under a Central Bank of Nigeria (CBN) approval or in partnership with a licensed microfinance bank, and is expected to appear on the FCCPC digital-lenders register. Before applying, always confirm the lender on the official CBN and FCCPC lists and apply only through the official website palmpay.com to avoid loan-app scams and clones.

Who owns PalmPay?

PalmPay is owned and operated by Transsnet Financial Nigeria Limited. You can review the full loan terms, interest rates and reviews on the PalmPay loan page.

Company information

BrandPalmPay
Operated byTranssnet Financial Nigeria Limited
AddressLagos, Nigeria
Loan amount₦2K – ₦100K
Interest from3.50% / month
Official websitehttps://palmpay.com

FAQs about Transsnet Financial Nigeria Limited

PalmPay is operated by Transsnet Financial Nigeria Limited, registered at Lagos, Nigeria. Before borrowing, confirm the lender on the Central Bank of Nigeria (CBN) approved list and the FCCPC digital-lenders register, and only apply through the official website https://palmpay.com.
PalmPay is owned and operated by Transsnet Financial Nigeria Limited.
PalmPay is a digital lending service operated by Transsnet Financial Nigeria Limited, not a traditional bank. Fintech lenders like this usually disburse loans in partnership with a licensed microfinance bank or under a CBN/FCCPC lending approval.
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