LAGOS, Nigeria, April 16, 2025 /PRNewswire/ -- On March 29, 2025, PalmPay, a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa's largest domestic card scheme.
The launch of its debit card represents a key milestone in PalmPay's evolution - from a mobile wallet known for its fee-free transfers and cashback rewards into a full-service digital banking platform offering an integrated ecosystem for payments, savings, credit, insurance, and now, card access.
The new PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass market users in Nigeria. With zero maintenance fees, a simple in-app application process, and nationwide delivery, PalmPay aims to convert millions of its 35 million users to become cardholders this year. The card is accepted at all merchants in the Verve network, and supports both debit and contactless transactions.
"This launch is another step forward in our mission to deliver accessible, reliable and rewarding financial services." said Sofia Zab, Chief Marketing Officer at PalmPay. "With the PalmPay Debit Card, we are expanding our ecosystem and enabling our users to pay and earn rewards at even more touch points, including across offline and online commerce. And for merchants, this opens up new opportunities to reach millions of Nigerian digital consumers and collaborate with us to build reward-driven experiences that boost loyalty and sales."
Alongside the standard debit card, PalmPay is also rolling out PalmPay Premium, a new reward scheme and card designed for high-volume users. It offers enhanced perks such as priority support, advanced financial tools, and exclusive merchant benefits.
With over 35 million users and a growing network of 1.1 million agents and merchants in Nigeria - and operations in Tanzania, Ghana, and Bangladesh - PalmPay is building a next-generation financial ecosystem designed to empower consumers and businesses in emerging markets. PalmPay processes up to 15 million transactions daily, underscoring the scale and reliability of its platform.
In addition to its digital banking services, PalmPay provides a suite of B2B offerings for local MSMEs and international merchants, including:
- Smart POS terminals and a business app
- Payment orchestration and checkout solutions
- Bulk payment tools via a self-service merchant portal
- APIs for embedding and reselling PalmPay's services
- Direct integration of services into the PalmPay consumer and business apps
"At PalmPay, we believe that building a thriving digital economy requires collaboration. From lending and insurance providers to card schemes like Verve, our ecosystem is powered by strategic partnerships.", said Jiapei Yan, Chief Commercial Officer of PalmPay. "The launch of our debit card is another example of how we are combining cutting-edge technology with our partner strengths to deliver inclusive financial services at scale - and in doing so we empower businesses targeting Africa to grow faster, reach more customers and unlock more revenue streams."
Vincent Ogbunude, Managing Director of Verve International, added: "We are proud to partner with PalmPay on this important milestone. Our alliance reflects our shared mission of accelerating financial inclusion and delivering payment innovation that meets the needs of African consumers."
From zero-fee transfers and high-yield savings to instant credit, insurance, and now cards, PalmPay is redefining what digital banking in emerging markets can look like - personalised, comprehensive, and accessible to everyone.
As international businesses seek entry into Africa's dynamic digital economy, PalmPay offers a trusted platform with the infrastructure, user base, and reach to help them scale.
About PalmPay
PalmPay is a leading digital bank and fintech platform with over 35 million users and 1.1 million agents. Operating in Nigeria, Ghana, Tanzania and Bangladesh, it offers zero-fee transfers, payments, savings, credit, and business tools—empowering individuals and enterprises while driving financial inclusion and building future-ready digital finance infrastructure in emerging markets.
For more information, visit www.palmpay.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Emerging Markets-Focused Fintech Platform PalmPay Unveils New Debit Card in Nigeria with Verve
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PANAMA CITY, Jan. 13, 2026 /PRNewswire/ -- HTX, a leading global crypto exchange, has officially launched Round 2 of the SunPump Ecosystem Trading Competition. This event invites users to engage in both spot and futures trading for a chance to share a 10,000 USDT prize pool. The competition is designed to boost activity across key SunPump ecosystem tokens while providing traders with additional incentives and diversified market opportunities.
Round 2 runs from 10:00 (UTC) on January 5 to 10:00 (UTC) on January 18, 2026. During the period, users can participate by visiting the official event pages and trading designated SunPump ecosystem tokens in either the spot or futures markets. Eligible participants will be ranked based on their trading volume and rewarded accordingly.
Two Trading Tracks Covering Spot and Futures Markets
Spot Trading Competition
Event Page: https://www.htx.com/en-us/assetactivity/web/tradinggame?activityId=571
Reward Pool: 5,000 USDT
Eligible Tokens: TRX, SUN, BTT, JST, STEEM, WIN, NFT, SUNDOG, and SUNCAT.
To further incentivize participation, margin trading volumes for the designated tokens will be calculated at three times their actual volume when determining leaderboard rankings, increasing users' chances of earning rewards.
Futures Trading Competition
Event Page: https://www.htx.com/en-us/mars/web/activity-center?callId=176760066398921
Eligible Contracts: USDT-margined perpetual contracts for TRX, SUN, BTT, JST, STEEM, WIN, and SUNDOG.
Participants can earn rewards through two categories:
- First-time futures traders on HTX who complete an eligible trade can receive instant rewards in $HTX tokens out of an 1,000 USDT prize pool.
- Active traders with sufficient cumulative trading volume will compete on the leaderboard to share a 5,000 USDT futures prize pool, with top-ranked users receiving higher allocations.
Strengthening the Link Between HTX and the SunPump Ecosystem
The launch of SunPump Ecosystem Trading Competition underscores HTX's continued commitment to supporting high-potential blockchain ecosystems and expanding diversified trading scenarios for users. By integrating spot and futures markets around SunPump-related assets, HTX aims to enhance liquidity, encourage broader ecosystem participation, and provide users with more dynamic ways to engage with emerging on-chain narratives.
Looking ahead, HTX will continue to deepen its collaboration with the SunPump ecosystem and introduce more interactive trading events, reinforcing its role as a global Web3 gateway that connects users with innovative projects and meaningful market opportunities.
About HTX
Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.
PANAMA CITY, Jan. 13, 2026 /PRNewswire/ -- HTX, a leading global crypto exchange, has officially launched Round 2 of the SunPump Ecosystem Trading Competition. This event invites users to engage in both spot and futures trading for a chance to share a 10,000 USDT prize pool. The competition is designed to boost activity across key SunPump ecosystem tokens while providing traders with additional incentives and diversified market opportunities.
Round 2 runs from 10:00 (UTC) on January 5 to 10:00 (UTC) on January 18, 2026. During the period, users can participate by visiting the official event pages and trading designated SunPump ecosystem tokens in either the spot or futures markets. Eligible participants will be ranked based on their trading volume and rewarded accordingly.
Two Trading Tracks Covering Spot and Futures Markets
Spot Trading Competition
Event Page: https://www.htx.com/en-us/assetactivity/web/tradinggame?activityId=571
Reward Pool: 5,000 USDT
Eligible Tokens: TRX, SUN, BTT, JST, STEEM, WIN, NFT, SUNDOG, and SUNCAT.
To further incentivize participation, margin trading volumes for the designated tokens will be calculated at three times their actual volume when determining leaderboard rankings, increasing users' chances of earning rewards.
Futures Trading Competition
Event Page: https://www.htx.com/en-us/mars/web/activity-center?callId=176760066398921
Eligible Contracts: USDT-margined perpetual contracts for TRX, SUN, BTT, JST, STEEM, WIN, and SUNDOG.
Participants can earn rewards through two categories:
- First-time futures traders on HTX who complete an eligible trade can receive instant rewards in $HTX tokens out of an 1,000 USDT prize pool.
- Active traders with sufficient cumulative trading volume will compete on the leaderboard to share a 5,000 USDT futures prize pool, with top-ranked users receiving higher allocations.
Strengthening the Link Between HTX and the SunPump Ecosystem
The launch of SunPump Ecosystem Trading Competition underscores HTX's continued commitment to supporting high-potential blockchain ecosystems and expanding diversified trading scenarios for users. By integrating spot and futures markets around SunPump-related assets, HTX aims to enhance liquidity, encourage broader ecosystem participation, and provide users with more dynamic ways to engage with emerging on-chain narratives.
Looking ahead, HTX will continue to deepen its collaboration with the SunPump ecosystem and introduce more interactive trading events, reinforcing its role as a global Web3 gateway that connects users with innovative projects and meaningful market opportunities.
About HTX
Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
HTX Launches SunPump Ecosystem Trading Competition Round 2, Offering a 10,000 USDT Prize Pool
