OPay as one of the leading Fintech companies in Nigeria

One of the leading mobile money service in Nigeria is OPay . Founded around 2018 by Zhou Yahui and operated by OPay Digital Services Limited. The OPay mobile money has it's cooperate headquarters in Lagos Nigeria and branch offices allover Nigeria. The OPay platform enables users to pay utility bills with ease from their phone, make safe money transfers, provide soft loans and facilities for saving. OPay has also introduced an offline banking service that allows users who do not have smartphones to still carry out transactions. They have also included transportation, order/delivery of food & groceries.
The OPay service has a network of 350,000 merchants and now has more than 5 million registered users of the OPay app. With the aim of reaching what the company describe as "the massive unbanked population of Nigeria".

Business opportunities

Opay merchants operate Opay powered POS kiosk all over Nigeria. This has made life easy for many and has also produced income for the POS operators. The Opay company has employed/empowered a lot of youths as the POS is getting them gainfully occupied.

Bank Transfers

Opay Fintech companies makes it easy to transact a transfer of funds at your comfort with a charge or zero naira for the first three transfers you make per day. Subsequent transfers will attract a fee of 10 Naira only from the fourth transfer you make in a day.

The Add Money

With this feature, you can input credit card details into you Opay app and keep the card at home while you carry out transactions with the information you saved. More than one card details can be uploaded in to the service. Opay promises to keep you interest protected in the use of this information.

Airtime/Data

With the Opay application, you can buy airtime from the telecommunication service providers with amazing discounts, buy recharge vouchers and gat a commission. It is also possible to make data subscription for any network with ease.

Cable TV

With the Opay service, you can make payment and subscribe your cable Television for yourself or for clients at a discounted rate.

Electricity

The app allows you to pay electricity bills at the speed of light. So if your payment was overdue and you use Opay to settle your bills, you get a quick response from the electricity company.

Betting

Opay offers you multiple betting platforms where you can stake your bets and pay from the Opay wallet with amazing discounts.

Savings

Opay promises a 12% per annum interest to those who save their money on the Opay platform.
^{Screenshot from OPay App}

CreditMe

You can borrow mobile airtime from Opay for yourself or for others using your account.

With Opay you can pay for water, education, toll, tax, and more.

OPay believes that it gives you the power to do more. You can Contact OPay for general enquires +234 1 888 8329 or email
[email protected]

Conclusion

Hope you have seen an area where this Fintech company could be helpful to you. But if not, I wish you have been inspired to consider developing a Fintech company that can solve similar problems in your area if there is none at the moment.