OPay Announces Its First Monthly Profit With Nearly 10 Million …
May 11, 2024 · OPay, the leading Fintech company focused on emerging markets, today announced its landmark first monthly profitability, with daily active trading users soaring past 9 million and poised to...
OPay’s valuation nears $3 billion as Nigeria’s digital payments ...
Apr 29, 2024 · OPay has made significant leaps in the past year, partly thanks to an ill-timed currency redesign that triggered cash scarcity for multiple weeks. The absence of cash led more people to rely on fintech apps like Moniepoint and OPay for transactions, pushing national payment volumes to record levels in early 2023.
Exclusive: ₦714 million glitch: OPay gets court order to
Jul 8, 2024 · Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as part of a process to recover ₦714 million received by customers during a system glitch.
CBN stops Opay, Palmpay, others from onboarding new customers
Apr 30, 2024 · In October 2023, Fidelity Bank blocked transfers to OPay, Palmpay, Kuda, and Moniepoint due to concerns around KYC processes. In response, the CBN introduced new KYC rules for all financial...
Why OPay will remove accounts without BVN, NIN - Vanguard News
Jan 27, 2024 · Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number...
OPay Archives - Guardian Nigeria News
OPay digital services limited has debunked requesting interested and unsuspecting loan seekers to apply for loans via the OPay app as reported in social media blogs.
African fintech OPay valued at $2B in SoftBank Vision Fund ... - TechCrunch
Aug 23, 2021 · Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion.
OPay clarifies new CBN directive, reassures customers
Apr 30, 2024 · To support government efforts to clean up the financial industry, Opay and other Fintechs companies have temporarily paused onboarding new customers and creating new wallets. This action reflects our commitment to a secure …
After CBN Instruction, OPay Sends Message to Customers on …
Apr 30, 2024 · Opay has sent a clear message to its customers regarding funds in their accounts after the Central Bank of Nigeria issued new instructions to Finechs.
Nigeria's OPay takes the lead in the Fintech landscape, earning …
Aug 10, 2023 · Amidst a period of substantial upheaval in the fintech sphere, scarcity in funding, and a surge in cost-cutting measures, OPay has steered its efforts toward creating bespoke products and services to support and empower customers …