PalmPay, a fintech platform and full-stack digital neobank for emerging markets, has partnered with Nigeria’s largest health insurance provider, AXA Mansard Health, a member of the globally recognised AXA Group, to provide millions of Nigerians with affordable and accessible digital health insurance.
The collaboration will enable PalmPay users to access a range of health insurance packages from AXA Mansard directly within the PalmPay app. Plans start from as low as N500 per month, offering flexible options tailored to meet everyday needs.
The AXA Digital Health plan provides access to telemedicine consultations, N5,000 worth of medications, and up to N40,000 in surgical coverage. The AXA Mansard MicroHealth plan, at N1,000 per month, offers unlimited diagnostic tests and funeral benefits, while the AXA Mansard Accident plan, priced at N500 monthly, provides comprehensive death cover for both accidental and non-accidental cases.
Head of Wealth Product at PalmPay, Mr Habib Kowontan, said the partnership addresses a critical gap in Nigeria’s financial security landscape.
“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,” he said in a statement on Sunday.
Chief Distribution Officer at AXA Mansard Insurance, Jumoke Odunlami, said the alliance reflects AXA’s commitment to improving the 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. We are excited about joining forces with a brand like PalmPay to complement the range of financial possibilities they offer their customers with health plans,” she said.
The partnership aligns with PalmPay’s broader mission to build a more inclusive digital financial ecosystem, empowering users to efficiently manage their money while securing their future.
