30 results
- 19 Nov 2019
OPay Secures CBN’s Approval for International Money Transfer Services
OPay, a payment services provider, has been granted approval by the Central Bank of Nigeria (CBN) to commence international money transfer services in Nigeria. With the approval, OPay will start…
- 5 Nov 2023
OPay EmergesWinner in Fintech Category of NITDA’s Digital Nigeria 2023 Awards
OPay’s commitment to innovation and customer-centric solutions was rewarded at the prestigious Awards Gala. Proudly securing its position as Nigeria’s leading fintech platform, OPay has emerged as…
- 2 Jul 2020
OPay Shuts Down ORide, Others in Nigeria
OPay, African Fintech startup, has announced it is suspending some of its Nigerian operations including ORide, OCar, and OExpress, excluding its payment operation, Opay. In a statement on Thursday,…
- 23 Feb 2024
OPay Redefines Customer Service With Innovative Solutions, Expands Accessibility
OPay, Nigeria’s leading financial technology company headquartered in Lagos, has revolutionized customer service by prioritizing user satisfaction and implementing cutting-edge solutions to enhance…
- 19 May 2022
Mastercard and OPay Partner to Grow Cashless Ecosystem and Advance Digital Financial Inclusion to Millions of People Across MEA
Mastercard and fintech giant OPay today announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to…
- 24 Dec 2023
Opay Refutes N15,000 Christmas Promo Report
OPay, Payment platform, has insisted that it is not giving out N15,000 or any other amount this Christmas. OPay is a one-stop mobile-based platform for payments, transfers, loans, savings and other…
- 29 Jan 2024
How Opay is Driving Innovative Security Feature to Ensure User's Finances are Secured
In a world increasingly reliant on digital solutions, financial security stands paramount. Recognizing this critical need, OPay, Nigeria's leading mobile money platform, which was recently applauded…
- 4 May 2020
OPay Supports Lagos State Fight Against COVID-19 With Donation of Facemasks
OPay, Nigerian financial service technology company has joined Nigerians and the Government in rolling out a series of anti-pandemic and relief efforts. The latest is its support of the Lagos State…
- 4 Jun 2024
OPay Bans Cryptocurrency, Virtual Assets Trading on its Platform
OPay, a leading financial technology company, has reaffirmed its strict prohibition of cryptocurrency and virtual asset trading on its platform. As a compliant organisation committed to upholding…
- 25 Jan 2024
Opay Vows to Block Accounts without Proper KYC Verification
OPay, leading the charge in mobile-based payments, has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number…
- 29 Jun 2026
OPay Unveils Emergency Lock, Safety PIN to Boost Customer Protection
OPay, fintech firm, has introduced two new security features, Emergency Lock and Safety PIN, to help customers protect their funds during emergencies and threats to their accounts. The company said…
- 13 Jun 2024
OPay Reaffirms Prohibition of Cryptocurrency and Virtual Assets Trading on Its Platform
OPay, a leading financial technology company, wishes to reaffirm its strict prohibition of cryptocurrency and virtual asset trading on its platform. As a compliant organization committed to upholding…
- 8 Jul 2024
OPay Gets Court Order to Restrict Customer Accounts over ₦714m System Glitch
OPay, Chinese-backed fintech giant has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as part of a process to recover ₦714 million…
- 18 Nov 2019
OPay Gets $120m from Chinese Investors, Eyes African Domination
OPay, financial technology-oriented company owned by Opera, has raised an amount equating $120 million Series B funding backed by Chinese investors. The funding comes after the Africa-based…
- 4 Oct 2023
FCCPC Orders Opay to Address Account Anomalies
Federal Competition and Consumer Protection Commission (FCCPC) has ordered Opay, fintech company to explain account anomalies Nigerians have identified in the last few days. This is coming after…
- 18 Aug 2026
Standard Bank Targets Stake in OPay Ahead of IPO – Report
Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States.
- 25 Sept 2019
MTN, Other Fintechs Ring Danger for Banks- OPay Boss
Iniabasi Akpan, country manager for OPay in Nigeria, has said traditional banks should be worried about the fintechs and telecommunications companies granted approval by the Central Bank of Nigeria…
- 31 Jul 2023
Olu Akanmu Resigns as CEO of OPay Nigeria
Olu Akanmu, the CEO of OPay Nigeria, has resigned from his position after a successful two-year tenure. His announcement coincides with the ongoing celebration of the company’s 5th anniversary in…
- 1 Aug 2023
Opay to Launch a Digital Bank in Egypt
OPay, an emerging market fintech unicorn, intends to launch a $60 million digital bank in Egypt. The fintech declared its plan to apply for a licence yesterday, in accordance with the Central Bank of…
- 9 May 2024
OPay clarifies New CBN directive, Reassures Customers
OPay remains committed to working closely with the Central Bank of Nigeria (CBN) and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other illegal financial…
- 8 Sept 2024
Opay, Moniepoint others to Begin Deduction of N50 eTransfer Fee
Federal government has imposed a N50 deduction for every electronic money transfer (EMTL) of N10,000 and above, affecting customers of fintech platforms such as Opay and Moniepoint. The deduction,…
- 26 Jan 2026
CBN Upgrades Licences of Opay, Moniepoint, Kuda, Palmpay, Paga to National Status
Central Bank of Nigeria (CBN) has approved the upgrade of operating licences for major FinTech companies and Microfinance Banks (MFBs), including Opay, Moniepoint MFB, Kuda Bank, Palmpay and Paga, to…
- 5 Oct 2023
FG Probes Opay, Others over Alleged Illegality
Nigerian government has commenced investigations into the activities of Meta (formerly known as Facebook), DHL, and online payment platform OPay for alleged data breaches. The companies if found…
- 27 Aug 2021
OPay Reassures on Excellent Service Delivery
Customers of OPay have been assured of excellent service as a trusted financial partner. In a statement by Iniabasi Akpan, the managing director of the company addressing the formal complaints…
- 1 May 2026
Opay Plans IPO in US, Targets $4Bn in Valuation
Opay, a financial technology (fintech) firm, is working with Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. for an initial public offering (IPO). According to a report by Bloomberg on…
- 27 Oct 2023
Fidelity Bank Restores Transfers to OPay, Moniepoint, and Palmpay
Fidelity Bank has restored transfers to neobanks OPay, Palmpay, Kuda, and Moniepoint a few weeks after it blocked them due to rising fraud and customer verification concerns, according to TechCabal…
- 21 May 2024
CBN Says OPay, Moniepoint, Others can Start Onboarding New Customers Soon
Central Bank of Nigeria (CBN) has said that mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of new customers “in another couple…
- 19 May 2022
OPay Partners Mastercard to ‘Open up e-commerce to Millions’ in Africa
Merchants and consumers from Nigeria, Algeria, Egypt, Ethiopia, Morocco, and South Africa now have another option to make payments worldwide through a Mastercard virtual payment solution powered by…
- 7 Dec 2023
NIBSS Orders Banks to Suspend Opay, Flutterwave, Others from Transfer List
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list. Payment Solution…
- 2 Dec 2024
FG Begins N50 Electronic Levy Deductions from Moniepoint, Other Digital Banks
Federal government has commenced N50 electronic levy deductions from transactions of N10,000 and above made by users of financial technology (Fintech) companies, including Opay, Moniepoint, Kuda, and…