Nigerian payment and financial service company OPay has unveiled its growth plans for 2021 and beyond after achieving a successful business year.
At a press conference held on March 1, 2021, its senior executive team shared their “2020 Review and 2021 Update” agenda in Lagos.
The press briefing kicked off with business updates from the company presented by
Joshua Yau, Managing VP for OPay in Nigeria.
Mr Yau notes that “amidst the pandemic, lockdown, and global uncertainty, OPay had its most impactful and transformative year yet in 2020. As a payment company, it grew its total gross transaction value 4.5 times to over $2 billion in December. The point-of-sale (POS) terminals deployed in its mobile money agent and merchant network represented roughly 1/5 of offline payments in Nigeria by year-end. Its mobile wallets have more than 2 million wallets with balances, totalling over $17 million.”
Nigerian payment and financial service company OPay has unveiled its growth plans for 2021 and beyond after achieving a successful business year at a press conference held on March 1, 2021. The press briefing kicked off with business updates from the company presented by Joshua Yau, Managing VP for OPay in Nigeria. Mr Yau notes […]