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OPay shares exciting growth plans for 2021
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From Left To Right: Joshua Yau, Managing VP for OPay Nigeria, Iniabasi Akpan – Country Manager, Oladipo Omogbenigun, VP, Payments Solutions and Corporate Partnerships, Dotun Adekunle VP, Product and Engineering, At Opay Press Briefing held at Radisson Blue Hotel, Ikeja.
… set to launch debit cards
By Juliet Ebirim
After achieving a successful business year in 2020, Nigerian payment and financial service company, OPay has unveiled its growth plans for 2021 and beyond. At a press conference held on Monday, its senior executive team shared their “2020 Review and 2021 Update” agenda in Lagos.
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 […]
OPay eyes north Africa after Nigeria success taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Softbank backed OPay Eyes North Africa After Nigeria Success
Bloomberg 12/24/2020 Tope Alake
(Bloomberg) OPay, a Nigerian fintech startup founded by Opera, plans to expand its payments service operations to North Africa early next year after Covid-19 restrictions led to a spike in transactions on its platform.
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The volume of monthly settlements on the OPay platform grew almost fourfold to $1.4 billion in November from $363 million in January, as people sought alternative payments services during coronavirus-induced lockdowns, the company’s managing director, Iniabasi Akpan, said in an interview from Lagos.
“We plan to reach transactions value of about $2 billion by the end of this year,” Akpan, who is also the country head, said. The company will leverage its network of 300,000 offline agents to deepen the adoption of its payments service in the next six months, he said.