Joy Agwunobi
Dyna.Ai and PalmPay have announced a strategic partnership designed to transform Nigeria’s financial services landscape by leveraging the power of artificial intelligence.
The collaboration, unveiled during a launch event organised by Dyna.Ai in Lagos, will see PalmPay integrate Dyna.Ai’s cutting-edge AI technologies to streamline backend operations and enhance user experience across its digital finance platform.
By deploying Dyna.Ai’s AI-powered infrastructure, PalmPay aims to boost operational efficiency, reinforce platform reliability, and offer more secure and seamless financial services to its growing customer base in Nigeria.
Speaking at the event, Tomas Skoumal, chairman and co-founder of Dyna.Ai, highlighted the collaborative spirit needed to drive meaningful innovation in the financial industry. “We are excited to join hands with major local players like PalmPay in a transformative time like this,” he said.
“Transforming Nigeria’s finance industry is not a task for one player alone—it requires ecosystem-wide participation and support from local authorities. Our goal is to close the gap between market demands and the pace of digitalisation by delivering world-class AI solutions tailored for Nigeria.”
Chika Nwosu, managing director of PalmPay Nigeria, also emphasised the significance of the alliance in advancing the company’s mission, stating, “This partnership marks a pivotal moment for PalmPay as we continue to deliver exceptional financial solutions to Nigerians.With Dyna.Ai’s AI infrastructure, we are strengthening the security and dependability of our services while setting a new benchmark for digital finance in Nigeria.”
Looking ahead, both companies revealed plans to expand their collaboration to other African markets. The goal is to replicate the success of this partnership by applying Dyna.Ai’s AI-driven technologies across new territories to drive further innovation and operational excellence.
Dyna.Ai, which launched in May 2024 and is headquartered in Singapore, has already established a presence in Southeast Asia, Latin America, the Middle East, and Africa. The recent event in Lagos, tagged Nigeria Dyna Day, marks the company’s first branded activation on the African continent.
Dyna.Ai specialises in state-of-the-art AI models, advanced algorithms, AI-human interaction systems, and big data analytics—technologies designed to give financial institutions a competitive edge in an increasingly digital world.
The partnership between Dyna.Ai and PalmPay signals a bold step toward redefining digital finance in Nigeria and beyond, underscoring a shared commitment to innovation, efficiency, and inclusive growth.
