The Federal Government has honoured PalmPay, one of Nigeria’s leading neobanks, with the Digital Governance Company of the Year (Fintech Innovation) award at the Nigeria GovTech Awards 2025, organised by the Bureau of Public Service Reforms (BPSR).

The ceremony, held at the Banquet Hall of the Presidential Villa, Abuja, celebrated individuals and organisations leveraging technology to transform governance, enhance transparency, and drive public service innovation.

Receiving the award, Managing Director of PalmPay Limited, Chika Nwosu, expressed gratitude to the Federal Government for the recognition, noting that the award underscores the company’s commitment to advancing Nigeria’s digital economy.

“This award reflects our dedication to creating inclusive, secure, and innovative financial solutions for Nigerians,” Nwosu said.
“We remain committed to supporting the government’s digital transformation drive and empowering individuals and businesses through accessible fintech innovation.”

According to the organisers, PalmPay was recognised for its role in driving digital payments adoption and enhancing financial inclusion through its secure and user-friendly mobile platform.

PalmPay’s ecosystem includes a suite of digital financial services such as mobile payments, savings, and micro-insurance, accessible via its app and extensive agent network nationwide. The company has helped millions of Nigerians and small businesses transition from cash-based to digital financial management.

With over 30 million users and a rapidly expanding network of merchants, PalmPay continues to solidify its position as a key driver of Nigeria’s cashless and digitally inclusive economy, aligning with the government’s broader digital governance and innovation agenda.