30 results
- 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…
- 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,…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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 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…
- 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…
- 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…
- 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…
- 30 Apr 2024
CBN Stops 4 Fintechs from Onboarding New Customers
Central Bank of Nigeria (CBN) has issued a directive to four fintech companies, instructing them to halt the onboarding of new customers pending further notice. The affected fintechs—OPay, Palmpay,…
- 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…
- 20 Aug 2024
Kola Aina Joins EFInA Board
Enhancing Financial Innovation & Access (EFInA) Limited has announced the appointment of Kola Aina, Founding Partner and General Partner of Ventures Platform, Africa’s leading seed-stage venture…
- 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…
- 5 Jul 2026
PufferPay CEO to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026
Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of PufferPay Limited will deliver the keynote paper at the 3rd Business Journal Fintech & Financial Inclusion Roundtable 2026 scheduled for…
- 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.
- 18 Jul 2022
Sanwo-Olu, Lai Mohammed to Grace 49th AAAN AGM/Congress
Babajide Sanwo-Olu, governor of Lagos State , and Alhaji Lai Mohammed, minister of Information and Culture, are among the dignitaries expected to attend the 49th Annual General Meeting/Congress 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…
- 21 Aug 2024
Interswitch Headlines Africa Fintech Summit Nairobi 2024 With Gold Sponsorship
The Africa Fintech Summit has announced Interswitch Group as Gold Sponsor for the Africa Fintech Summit (AFTS) 2024, to be held in Nairobi, Kenya, from September 4-6, 2024. The partnership comes at a…
- 29 Jun 2026
EVC NCC, Aminu Maida, to Lead Speakers @ Business Journal Fintech & Financial Inclusion Roundtable 2026
Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) would be the Special Guest of Honour at the 3rd Business Journal Fintech & Financial Inclusion Roundtable…
- 15 Sept 2024
Huawei Wins $3m Cloud Computing Contract from UBA
Huawei has won a $3 million cloud computing contract from the United Bank for Africa (UBA), which will see Huawei provide UBA, one of Nigeria's largest financial institutions, with 200 petabytes of…
- 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…
- 22 Apr 2021
How Fintechs are Winning among Unbanked Rural Population
by Ayomide Oriade Nigeria, according to the World Population Review, is estimated to have over 99 million adult population. On the flip side of this, the country, according to the Central Bank, has…
- 6 Aug 2024
VertoFX Appoints Dr. Austin Okpagu as Nigeria Country Manager
VertoFX, the global financial technology firm delivering enterprise grade cross-border payments, FX and banking solutions across emerging markets, has announced the appointment of Dr. Austin Okpagu…
- 11 Dec 2024
House of Reps Moves to Shut Down Illegal Loan Apps Exploiting Nigerians
House of Representatives has urged the closure of illegal loan platforms used by “one chance” operatives to extort money from unsuspecting victims. This decision followed a motion of urgent public…
- 28 Mar 2023
Fez Delivery, Nigeria's Techstars-backed Logistics Startup Raises $1m Seed Fund
Fez Delivery, a leading logistics and delivery company, announced its $1 million seed round today. Ventures Platform led the funding round, with participation from Voltron Capital, Acasia Ventures…
- 6 May 2026
Vitel Wireless Partners Fintechs to Expand Access to Services
Vitel Wireless has entered into partnership with OPay Limited and Moniepoint Limited, to expand access to airtime and data services, particularly in Nigeria’s underserved and rural communities. The…