OPay

Standard Bank is considering a stake in OPay ahead of the fintech’s proposed US IPO, which could value the company at about $4 billion. OPay’s Nigerian business accounted for 88.1 percent of its revenue in 2025, while gross...

OPay delivered a $72.47 million net profit in 2025 following a $50.98 million loss the previous year. Annual revenue surged 161 percent to $536.25 million while processed transactions hit $358 billion. Rapid expansion into digital lending drove the...

April 10, (THEWILL) — Nigeria’s agent banking ecosystem is entering a new phase, following updated guidelines by the Central Bank of Nigeria (CBN), to address long-standing issues such as fraud, failed transactions, and inconsistent service delivery. Introduced on April...

March 13, (THEWILL) — Fintech firm, OPay, has reacted to reports suggesting that its offices were shut down by Nigeria’s tax authorities, clarifying that the development relates to a broader regulatory notice affecting multiple operators in the financial technology...

December 02, (THEWILL) - The Federal Government has commenced the implementation of the N50 Electronic Money Transfer Levy on transactions of N10,000 and above conducted through financial technology platforms, including Moniepoint and Opay. The levy, introduced under...

November 26, (THEWILL) - OPay,  a fintech company has announced a strategic partnership with AfriGO Card, to enhance the availability of digital payment services to Nigerians. AfriGO card is powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of the...

November 06, (THEWILL) – West Africa’s largest carrier, Air Peace, has announced the integration of the Opay Payment Service into its Internet Booking Engine (IBE) platform. This new partnership, featuring diverse payment options such as Bank Card, Opay Wallet,...

January 25, (THEWILL) - Concerned about building confidence in OPay, beyond banking brand, the frontline fintech company, has reinforced its platform’s security system to mitigate fraud and scams to protect customer funds by building a Safe and concrete platform. Director...

March 28, (THEWILL) – The Central Bank of Nigeria (CBN) has debunked rumours that it plans to suspend the accounts of fintech firms. The apex bank described the story trending in the social media as fake news. The CBN offered...