OPay Expands Financial Services Access in Nigeria

OPay is focused on building trust in Nigeria by expanding access to financial services through technology, local partnerships, and customer service. Since its establishment in Nigeria in 2018, OPay has aimed to make financial transactions fast, reliable, secure, and easy for individuals and businesses.

According to the 2026 Access to Financial Services survey by Enhancing Financial Innovation and Access (EFInA), 79% of Nigerian adults use at least one financial product, with formal financial inclusion reaching 73%. Digital financial services have increased to 64.4% of adults, up from 45% in 2023.

However, 21% of adults remain financially excluded, particularly in rural areas. OPay's strategy includes leveraging mobile technology and an extensive merchant network, with over one million merchants on its platform as of June 2026, to facilitate cashless transactions and enhance economic activity for small businesses and service providers.