OPay

OPay is a leading mobile payment and financial technology platform founded in 2018 and headquartered in Lagos, Nigeria. The company offers a wide range of financial services through its mobile app, including money transfers, bill payments, airtime purchases, savings products, and merchant payment solutions. OPay's mission is to drive financial inclusion by providing accessible digital financial services to underserved populations. As of 2023, OPay reported having over 35 million registered app users and 500,000 agents in Nigeria. The company's platform processes around USD 3 billion in monthly transactions.

OPay's core product is its mobile wallet, which allows users to send and receive money, pay bills, and make purchases using just their phone number. The company provides merchants with point-of-sale (POS) devices to accept digital payments. OPay also offers savings products that allow users to earn interest on their account balances. For small businesses, OPay provides payment APIs and SDKs to integrate digital payments into websites and apps.

In addition to Nigeria, OPay has expanded operations to countries like Egypt and Pakistan. The company aims to become a leading financial services provider across Africa and the Middle East. OPay has raised significant funding to fuel its growth, including a USD 400 million round in 2021 that valued the company at USD 2 billion.