Opay emerges as leading fintech platform in Nigeria, garners global recognition

By Kingsley Odii

Nigeria’s Opay has solidified its position as a frontrunner in the country’s fintech landscape, earning global recognition from CNBC and Statista as the leading Nigerian digital platform in the Digital payment category. This acknowledgement highlights Opay’s commitment to innovation and its significant contributions to the digital payment ecosystem in Nigeria.

Opay was recognized by CNBC and Statista in their global rankings based on extensive evaluation of various fintech platforms worldwide, with it emerging as the sole Nigerian digital platform in the Digital Payment category.

The 200 companies that featured in the evaluation process were judged methodically and meticulously, scrutinizing their performance on user volume, transaction volume and revenue respectively. The categories for assessments are: neo banking, digital payments, digital assets, digital financial planning, digital wealth management, alternate financing, alternate lending, digital banking solutions, and digital business solutions.

This recognition serves as a testament to opay’s continuous efforts to revolutionize the financial services in Nigeria. Through its mobile app, Opay provides users with a wide range of digital payment solutions, including money transfers, bills payments, and merchant services. The platform’s user-friendly interface and secure transactions have garnered widespread popularity among Nigerians, contributing to its success and market dominance.

In an official statement, Adekunle Adeyemi, Head of Marketing at Opay, expressed delight at the recognition from CNBC and Statista. He said: “This global recognition reaffirms our commitment to transforming the digital landscape in Nigeria.”

Adekunle added that their new global status showcases what they set out to do as a company, and what their teams have been working tirelessly to achieve.

“We are truly proud to be the torchbearer for innovation and convenience in the Nigerian fintech industry, and this achievement further reinforces our dedication, and the resilience of our never-ending customer-centric approach,” he remarked,” he said.

CNBC and Statista’s recognition of Opay’s dominance in the Digital Payment category further solidifies the company’s position as a trusted and reliable platform for digital transaction in Nigeria. The ranking serves as an endorsement of Opay’s commitment to excellence and its role in driving financial inclusion in the country.


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