A fintech company in Nigeria, PalmPay limited, has unveiled plans to empower 5, 000 youths and women in Kano State state.
Managing Director of the company, Mr. Chika Nwosu, made this known during a courtesy visit to the Emir of Kano, Khalifa Muhammad Sanusi II.
According to Mr. Nwosu, the empowerment programme is part of the company’s corporate social responsibility initiative in 2025 targeted at women, youths, university students and corps members.
He said they were at the palace to seek the emir’s blessings for the programme.
Mr. Nwosu noted that PalmPay Nigeria started operations five years ago and has grown to over 35 million users with recognition from the Financial Times, as the second fastest-growing company in Africa and the fastest-growing FinTech in Africa.
According to him, the company is expanding its impact in the north, especially in Kano, to make financial services more inclusive and accessible especially to underserved communities.
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He disckosed that the company would conduct financial literacy trainings for the targeted groups and also support individuals and female-led micro, small, and medium enterprises.
“As part of the women empowerment programme, we will be launching our pilot initiative in Fagge Local Government Area.
“There, we plan to engage directly with market women, providing them with practical training and essential tools design to support and accelerate their business growth,” he said.
In his remarks, Emir Sanusi II thanked Palmpay for the initiative and assured them of the emirate’s support, noting that the fintech is a crucial element of the financial system architecture.
He further directed his district heads to give the company all the needed support to ensure the success of the programme.