OPay empowers users and enables them to accomplish more with their money by providing smart financial services.
Location: Nigeria, Lagos
Employees: 201-500
Phone: +234 1 888 8329
Total raised: $520M
Founded date: 2018
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.08.2021 | - | $400M | - |
| 19.11.2019 | - | $120M | IDG Capita... |
Mentions in press and media 22
| Date | Title | Description |
| 14.11.2024 | OPay grants ₦12 Million scholarship to 40 Ahmadu Bello University Zaria students | In a heartwarming gesture and another laudable initiative aimed at empowering the next generation, OPay, Nigeria’s leading financial service provider, has awarded ₦12 million in scholarships to 40 deserving students of Ahmadu Bello Universi... |
| 08.11.2024 | The Fintech Showdown: MoMo PSB vs. OPay and Paystack | In the bustling arena of Nigeria's fintech landscape, a fierce competition is brewing. At the heart of this clash are three heavyweights: MoMo Payment Service Bank (PSB), OPay, and Paystack. Each is vying for dominance in a market ripe with... |
| 06.11.2024 | MoMo PSB poised to compete with OPay, Paystack | Cześć, Victoria from Techpoint here, Here's what I've got for you today: MoMo PSB to compete with OPay, Paystack Hot fintech ideas for VCs to invest in Funke Opeke ends 14-year stint MoMo to compete with OPay, Paystack MTN Nigeria’s MoMo Pa... |
| 05.11.2024 | MTN MoMo applies for PoS and payments licences to compete with OPay, Paystack | Key takeaways: MTN Nigeria's MoMo PSB has applied for two new licences: Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP). This marks a rare regulatory precedent, as Payment Service Banks (PSBs) traditio... |
| 05.11.2024 | OPay introduces "Large Transaction Shield" to guard against financial fraud | As digital financial transactions rise, so do the risks. With growing reports of fraud and cybercrime in the financial sector, consumers are demanding stronger security measures from their service providers. In response to this, OPay has in... |
| 01.11.2024 | OPay's Scholarship Initiative: A Beacon of Hope for Nigerian Students | In a world where education often feels like a luxury, OPay is stepping up to change the narrative. The Nigerian financial institution has launched a 10-year scholarship initiative in partnership with the University of Ibadan. This bold move... |
| 01.11.2024 | OPay partners with University of Ibadan to launch 10-Year scholarship initiative | OPay, a leading financial institution in Nigeria, has reaffirmed its commitment to advancing education by signing a landmark Memorandum of Understanding (MOU) with the University of Ibadan. This partnership will award ₦300,000 scholarships ... |
| 01.11.2024 | OPay Partners with University of Ibadan to Launch 10-Year Scholarship Initiative | Some student beneficiaries with representatives from OPay at the University of Ibadan earlier in the week. Ibadan, Nigeria – October 30, 2024 – OPay, a leading financial institution in Nigeria, has reaffirmed its commitment to advancing edu... |
| 31.10.2024 | Moniepoint's Meteoric Rise: A New Era for African Fintech | In the bustling world of African fintech, Moniepoint has emerged as a shining star. The Nigerian startup recently achieved a staggering $1 billion valuation after securing $110 million in a Series C funding round led by Development Partners... |
| 29.10.2024 | Moniepoint gets $1 billion valuation in new funding round led by DPI | Moniepoint, a Nigerian fintech startup that processed 5.2 billion transactions in 2023, has raised $110 million in a Series C funding round led by Development Partners International (DPI), according to two people with direct knowledge of th... |
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