Dyna.AI and PalmPay have announced a strategic partnership that aims to transform Nigeria’s financial industry through the power of Artificial Intelligence (AI). The partnership was announced during a private launch event hosted by Dyna.Ai at Four Points by Sheraton Lagos.

The announcement ceremony was graced by distinguished guests, including the Special Assistant to the President of the Federal Republic of Nigeria on Information and Communication Technology (ICT) Development and Digital Innovation, Mr Tokoni Peter Igoin, and Vice President, Fintech Association of Nigeria, Dr Jameelah Ayedun, among others.

“We are excited to join hands with major local players like PalmPay in a transformative time like this,” shared Chairman and Co-Founder of Dyna.Ai, Tomas Skoumal. “Transforming the Nigerian finance industry is never a one-party job. It requires collective effort from ecosystem players and support from the local councils, all working towards a shared vision to effectively bridge the gap between market demands and the pace of digitalisation.

Dyna.Ai is proud to join forces with PalmPay in Nigeria, delivering state-of-the-art AI solutions to boost their initiatives aimed at meeting the country’s evolving digital needs.”

The Managing Director at PalmPay Nigeria, Chika Nwosu, said: “Our partnership with Dyna.Ai marks an exciting step in our mission to deliver exceptional financial solutions in Nigeria. By leveraging their remarkable artificial intelligence-powered infrastructure, we’re reinforcing the reliability and safety of our services, allowing us to better serve our customers and set a new standard in digital finance.”

The collaboration, which launched earlier this year, leverages Dyna. Ai’s AI-powered technologies to enhance user experience by improving operational efficiency and streamlining backend processes at PalmPay Nigeria. Looking ahead, both companies plan to explore how Dyna.Ai’s AI solutions can be further applied to drive efficiency across additional markets in Africa.