Saturday, September 23, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Contact
  • Login
No Result
View All Result
TechBooky Africa
Home App

OPay Recorded 30 Million Users’ Active On The Mobile Banking App.

Since the wake of 2023, OPay has been relentless in serving Nigerian's with seamless digital banking.

Eni Emeka by Eni Emeka
March 24, 2023
in App, Fintech/Finance, West Africa
0

OPay

OPay – the mobile money payment start-up company unveils the in-depth penetration of its FinTech operations in Nigeria. OPay’s financial inclusion affirms the fiscal impact the FinTech start-up has imbibed on the underserved communities restrained from the money distribution network.

Related posts

PayDay

PayDay Potential Sale Stirs Reactions Based On The Recently Acquired $3M Investment Equity. 

September 22, 2023
Chargel

Chargel Is A Catalyst for Transformation in Cote d’Ivoire’s Energy Landscape.

September 2, 2023

The underbanked population of the country mark-up a higher margin of OPay’s penetration to drive financial inclusion via emerging technology. The FinTech start-up business motive is committed to frontline high-end mobile money payment innovation in Africa. West Africa pinpoints on OPay’s operational map — this denotes Nigeria as a lucrative marketplace to showcase technology innovation.

OPay’s report reveals several users have been recorded as additional merchants, individuals, and SMEs patronizing the mobile money transfer solution. The FinTech company skyrocketed user base is influenced by the shortage of Naira note circulation due to the null policies imposed by the government.

“OPay customers should continue to enjoy OPay’s reliable, fast, and safe transactions anywhere and anytime through OPay platforms. We are committed to providing inclusive financial services to all Nigerians that ensure no one is left behind no matter their social situation or geographic location,” OPay CEO Olu Akanmu said.

Recall selected Naira notes were redesigned to redirect an altered circulation of cash to touch down the nooks and crannies of the country which turned out otherwise whereby several commercial banks, capitalists, politicians, and other public figures were reported to hoard the currency to disrupt the 2023 presidential election.

“We express our appreciation to our over 30 million registered app users, 500,000 agents, and 100,000 merchants who use OPay daily to make transactions and ultimately spread OPay’s mission of shared prosperity to all,” Akanmu said.

The shortage in the redesigned Naira note circulation had the Nigerian tech-savviest population thrive more than the other Nigerian fraction. The cashless policy by the Central Bank of Nigeria stirred an approach to financial inclusion via a digital banking system

It is a no-brainer OPay’s FinTech services recorded more users due to the seamless cash remittance infrastructure – perfect timing to transition into the digital landscape for fiscal inclusion. While other behemoths FinTech start-ups are faced with possible bankruptcy such as Chipper Cash.

OPay’s seamless banking impacted the Nigerian economy at large where the government and the traditional banking system are yet to sanction cash hoarders. However, hoarding cash makes the cashless policy an optimal tool to drive financial inclusion.

It becomes less intriguing realizing OPay’s increased user base will alter its behemoth status that exceeds a start-up unicorn. Ever since SoftBank led the mobile money start-up to complete the $400 million fundraiser, OPay’s start-up status became a FinTech unicorn ready to face expansion and penetrate the African digital landscape.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0
Tags: fintechnigeriaopay
Previous Post

Leroy Merlin’s Partnership Deal With Jumia Will Leverage eCommerce Penetration In West Africa.

Next Post

GitHub Incorporates GPT-4 Chatbot To Complete The Copilot X Code Snippet Generator.

Next Post
GitHub Incorporates GPT-4 Chatbot To Complete The Copilot X Code Snippet Generator.

GitHub Incorporates GPT-4 Chatbot To Complete The Copilot X Code Snippet Generator.

RECOMMENDED NEWS

Nigerian Mobility Startup Plentywaka Closes $1.2m Seed Round, Acquires Ghana’s Stabus

Nigerian Mobility Startup Plentywaka Closes $1.2m Seed Round, Acquires Ghana’s Stabus

2 years ago
JP Morgan Chase

Lawsuit: Frank Enticed JP Morgan With Fake Customers To Complete The $175m Acquisition Deal

8 months ago
Zywa’s Neobank Company is Set to Expand Across the MENA Market with a $3M Budget.

Zywa’s Neobank Company is Set to Expand Across the MENA Market with a $3M Budget.

1 year ago
Remedial Health Raises $1 million In Pre-seed Round

Remedial Health Raises $1 million In Pre-seed Round

2 years ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa AI app CBDC cbn central bank of nigeria ChatGPT cloud cryptocurrency Crypto market cybersecurity e-commerce east africa economy fintech Flutterwave funding Fundraising google government internet investment kenya License microsoft mtn ncc nigeria Partnership ride hailing rwanda seed social media software south africa startup Start up streaming technology telecom twitter west africa whatsapp

Featured Categories

App
35 Posts
View Posts
Banking
18 Posts
View Posts
Business
15 Posts
View Posts
Cryptocurrency
41 Posts
View Posts
Cybersecurity
21 Posts
View Posts
East Africa
41 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
38 Posts
View Posts
Event
12 Posts
View Posts
Fintech/Finance
127 Posts
View Posts
Funding
41 Posts
View Posts
Gadget
16 Posts
View Posts
Government
83 Posts
View Posts
Insight
8 Posts
View Posts
Internet
25 Posts
View Posts
Investment
21 Posts
View Posts
Nigerian/African Tech
47 Posts
View Posts
North Africa
4 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
6 Posts
View Posts
Service
37 Posts
View Posts
Social Media
39 Posts
View Posts
Southern Africa
25 Posts
View Posts
Startup
111 Posts
View Posts
Telecom
53 Posts
View Posts
Transport
21 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
58 Posts
View Posts
No Result
View All Result
Loading
  • PayDay
    PayDay Potential Sale Stirs Reactions Based On The Recently Acquired $3M Investment Equity. 
    • September 22, 2023
  • Fixit45
    The $1.9M Pre-Seed Equity Bankrolls Fixit45’s “…advancement towards expansion objectives” — Pankaj Bohhra. 
    • September 21, 2023
  • Android Smartwatch
    The Best Android Smartwatches of 2023. 
    • September 13, 2023
  • BAK
    “Crypto vs. Taxes” — The Blockchain Association of Kenya Takes on the Government.
    • September 2, 2023
  • Chargel
    Chargel Is A Catalyst for Transformation in Cote d’Ivoire’s Energy Landscape.
    • September 2, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • PayDay Potential Sale Stirs Reactions Based On The Recently Acquired $3M Investment Equity. 
  • The $1.9M Pre-Seed Equity Bankrolls Fixit45’s “…advancement towards expansion objectives” — Pankaj Bohhra. 
  • The Best Android Smartwatches of 2023. 

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In