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PalmPay vs Djamo

traditional vs traditional · from the open dataset of 358 tracked neobanks · no affiliate links, ever

PalmPay: 35M+ users; Transsion-backed.

Djamo: YC-backed francophone-Africa neobank; 1M+.

Side by side

PalmPayDjamo
Categorytraditionaltraditional
Audienceunderbankedunderbanked
HQLagos, NGAbidjan, CI
Founded20192019
CustodyCustodialCustodial
RegulationPayment institutionUnclassified
Licence detailMobile money licence (NG)
CardVerve/MC · DebitVisa · Debit
CashbackOffers
YieldDaily interest
StablecoinsNoNo
KYCYesYes
RegionsAfricaAfrica
Reported users35M users (2025)
go deeperFull profiles: PalmPay · Djamo — or run your own comparison of up to four in the directory.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.