PalmPay, a leading fintech platform and full-stack digital neobank for emerging markets, has teamed up with Nigeria’s largest health insurance provider, AXA Mansard Health, a member of the globally renowned AXA Group, to make healthcare coverage more affordable and accessible for millions of Nigerians.
Through this strategic collaboration, PalmPay users can now easily purchase a variety of health insurance plans from AXA Mansard directly within the PalmPay app.
With packages starting from as low as ₦500 per month, the partnership offers flexible options designed to meet the everyday health needs of individuals and families across the country.
The plans are designed to meet a wide range of needs; for example, the AXA Digital Health plan offers access to telemedicine consultations with doctors, N5, 000 worth of medications, and up to N40, 000 in surgical coverage.
Users can also opt for the AXA Mansard MicroHealth plan at N1, 000 per month, which provides unlimited diagnostic tests and funeral benefits. Additionally, the AXA Mansard Accident plan, available for N500 monthly, offers comprehensive death cover for both accidental and non-accidental cases.
Habib Kowontan, Head of Wealth Product at PalmPay, said: “Insurance is a key pillar of financial security, yet millions of Nigerians remain underserved. Our partnership with AXA Mansard Health breaks down long-standing barriers by placing reliable and affordable insurance solutions right at our users’ fingertips.”
Jumoke Odunlami, Chief Distribution Officer, AXA Mansard Insurance said that the partnership with Palmpay presents the AXA with another opportunity to improve health and productivity of Nigerians.
“Through partnerships like this, we are covering over 1.8 million Nigerians and ensuring that healthcare is accessible, available and affordable.
“So we are excited about joining forces with a brand like Palmpay to compliment the range of financial possibilities they offer their customers with health plans. It fits well with our mission and our purpose of acting for human progress by protecting what matters, and we are looking forward to doing even more with Palmpay”, she explained.
This partnership reflects PalmPay’s broader mission to create a more inclusive digital financial ecosystem, one that empowers users to not only manage their money efficiently, but also secure their future.