Flippay Rebrands as Pamapay, Launches in Nigeria

Pamapay, the non‑custodial digital asset off‑ramp formerly known as Flippay, today announced its commercial launch in Nigeria. The platform enables users to convert virtual currencies to Naira directly from their own wallets, with settlement to local bank accounts in under two minutes.

The launch addresses a growing gap in Nigeria’s digital finance ecosystem. Peer‑to‑peer (P2P) trading, long the default method for converting virtual assets to fiat, has become increasingly unreliable due to chargeback fraud, bank account freezes, and extended settlement delays. Pamapay eliminates these risks by never holding user funds.

“We built Pamapay to give Nigerian users full control over their digital assets,” said Okereke Fellowship the company’s brand manager. “Your assets stay in your wallet until you initiate a cashout. We simply convert and settle – typically in 90 seconds. No counterparty. No freezes. No waiting.”

The company’s non‑custodial architecture means users retain sole ownership of their private keys. Transactions are direct and irreversible, removing the risk of chargebacks that plague P2P markets. Funds are settled through a regulated banking partner, reducing the likelihood of account flags.

The rebrand from Flippay to Pamapay reflects a broader mission to build a trusted, lasting infrastructure brand for Nigeria’s digital asset economy.

The Pamapay app is available for download on iOS and Android via the Apple App Store and Google Play Store.