PalmPay, the latest fintech startup to receive seed funding has already said it is working on partnerships in the areas of payment systems integrations, e-commerce, lending and communications.
According to statistics provided by WeeTracker, Fintech now receives the bulk of Venture Capital and deal-flow to African startups. Jumia, an e-commerce company, led by a mix of international executives and investors listed for over $1.4b in April, while PalmPay is the latest Fintech gunning for a slice of Nigeria’s financial services pie. country.
Source: Tech Daily Report (techdailyreport.net)
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