Archives Tag: OPAY
The Story of How Opay Captured the Hearts of Nigerians
April 19, 2022
When Opay launched in Nigeria in 2018, few could have predicted its rapid growth and widespread adoption in just a few years. What started as a mobile payments platform quickly evolved into a multifaceted super app, offering everything from ride-hailing to food delivery and financial services. Read more about Business But how did Opay … Continue reading The Story of How Opay Captured the Hearts of Nigerians
Central Bank of Nigeria (CBN) Lifts Ban on Opay, Kuda, and Others
April 19, 2022
You may recall that the Central Bank of Nigeria (CBN) had in April placed a ban on the onboarding of new customers by Opay, Kuda and the other Fintechs in Nigeria over what it said was to address regulatory concerns and ensure compliance. Read more about FinTech The good news is that as of … Continue reading Central Bank of Nigeria (CBN) Lifts Ban on Opay, Kuda, and Others
Company Files: ABEG Technologies
April 19, 2022
Too much FinTech in the Nigerian tech space is clearly not enough fintech. The tech space gets a new addition every now and again but few are distinguished in the value chain. Read more about Tech With the growing pool of companies seeking investment from VC’s in the private equity space at home and … Continue reading Company Files: ABEG Technologies
By david-okwara
Social Media Roundup
April 19, 2022
This Friday, social media has been buzzing (as ever) and in the never-ending vortex of information and conversation, we cherry-picked some of the most relevant and germane in our weekly round-up of social media trends. So here goes. Read more about Social Media Roundup D’Banj And Seyitan I will speak to what actually transpired … Continue reading Social Media Roundup
By david-okwara
Why OPay is Suspending Some of Its Non-Payments Businesses
April 19, 2022
Multi-services startup OPay has announced that it’s suspending some of its business concerns in Nigeria. The company made this known through a statement it put out on Thursday. The segments to be put on hold include its ride-hailing service ORide and OCar, and its logistics unit OExpress. It attributed this decision to “the harsh business … Continue reading Why OPay is Suspending Some of Its Non-Payments Businesses
Nigerian Tech Companies Raised $747 Million in 2019
April 19, 2022
Nigeria continues to lead Africa in funding for tech ventures. A new report from Partech Africa says that the country’s digital and tech companies received the biggest amount of total investment on the continent in 2019, with about $747 million channeled into them by various venture capitalists. The Partech Africa Report covers funding activity involving … Continue reading Nigerian Tech Companies Raised $747 Million in 2019
Top 5 Fintechs of 2019
April 19, 2022
It’s been a great year for fintech in Nigeria. There’s been plenty of investment (with up to $400 million injected into companies and startups), tremendous growth, and more media coverage of this emerging sector than ever before. The players in the space are doing so well, even the banks are starting to launch their own … Continue reading Top 5 Fintechs of 2019
Revealed: OPay’s Strategy for Dominating Nigeria’s Tech Space
April 19, 2022
OPay has dominated Nigerian tech news headlines for much of this year. From big money funding rounds to generously low service prices, the payment platform has served up a master class in how to capture a nation’s attention and gain access to its wallets, literally from scratch. They’ve achieved all of this in a matter … Continue reading Revealed: OPay’s Strategy for Dominating Nigeria’s Tech Space
OPay Launches OCar to Take On Uber and Bolt in Nigeria
April 19, 2022
OPay, a fintech startup with interests in multiple industries, is launching OCar, a new ride-hailing, and ride-sharing service. This comes after it secured $120 million in funding from a group of Chinese investors. According to the startup, the new offering will be accessible on the OPay mobile app. Cabs operating on the platform will ply … Continue reading OPay Launches OCar to Take On Uber and Bolt in Nigeria
OPay Has Just Secured $120 Million in New Funding
April 19, 2022
Fintech startup OPay has just obtained new funding worth $120 million from Chinese investors. The latest backing has come through its Series B funding round. Founded in 2018, OPay is a mobile payments platform with currently caters to the Nigerian market. It is part of a wider network of business interests which includes the country’s … Continue reading OPay Has Just Secured $120 Million in New Funding
What OPay Capital Raise Of $50 Million For Mobile Finance Means For Nigeria
April 19, 2022
The future might not be for the traditional means of payment and transaction but for the tech-enabled process. This is considering the way that financial institutions and non-financial institutions are using technology to simplify processes and reach more people across the globe. The revolution of digital payment in Nigeria started two years ago with several … Continue reading What OPay Capital Raise Of $50 Million For Mobile Finance Means For Nigeria
By aanu-olajide
