In addition to the funding, Transsion will offer PalmPay a unique market advantage as the payments app will come pre-installed on Transsion’s mobile phone brands including Tecno, Itel and Infinix. It will be a significant market advantage for PalmPay as Transsion dominates market share for Africa’s mobile phone sales  after surpassing Samsung in 2017.

https://qz.com/africa/1747739/transsions-palmpay-raises-40m-with-netease-for-african-market/