In a significant move for Nigeria’s financial sector, Dyna.ai, a leading artificial intelligence solutions provider, has teamed up with the digital payment platform Palmpay. This strategic partnership aims to revolutionize the financial services landscape in Nigeria, as announced during a recent launch event in Lagos.

Launch Event Highlights

The collaboration was unveiled at a private launch hosted by Dyna.ai at the Four Points by Sheraton in Lagos. The event drew key industry stakeholders, including Tokoni Igoin, the Special Assistant to the President on ICT Development and Digital Innovation, and Jamelelah Ayedun, Vice President of the Fintech Association of Nigeria.

Enhancing User Experience Through AI

This partnership builds upon technologies powered by Dyna.ai’s AI capabilities to enhance user experiences through improved operational efficiency. By streamlining backend processes at Palmpay Nigeria, the two companies are set to deliver superior service quality to their users.

Expanding Horizons Across Africa

Looking ahead, Dyna.ai and Palmpay are exploring applications of AI solutions to boost efficiency across additional markets in Africa. This ambition aligns with the goal of fostering a larger financial ecosystem that meets current market demands.

Leadership Insights on Collaboration

Tomas Skoumal, President and Co-founder of Dyna.ai, expressed enthusiasm about partnering with key players like Palmpay during this transformative era. He emphasized that the ongoing evolution of the Nigerian financial industry is a collective endeavor, requiring robust collaboration among ecosystem stakeholders.

Commitment to Digital Solutions

Skoumal reiterated the essential role of local government support and shared visions in bridging the gap between market demands and digitization rates. This partnership represents a significant step towards delivering advanced digital solutions in Nigeria.

Palmpay’s Vision for Financial Solutions

Chika Nwosu, Managing Director of Palmpay Nigeria, highlighted that their partnership with Dyna.ai signifies an exciting advancement towards their mission of offering exceptional financial solutions. By leveraging Dyna.ai’s advanced AI infrastructure, Palmpay aims to enhance the reliability and security of its services.

Dyna.ai’s Global Presence

Founded in May 2024 and headquartered in Singapore, Dyna.ai has successfully expanded into markets in Southeast Asia, Latin America, and the Middle East. The launch in Nigeria marks its first major activation on the African continent.