OPay Denies Shutdown Rumors, Reassures Customers

OPay has publicly rejected a viral rumor claiming that the fintech company would suspend operations starting September 1, 2026. The false report, which spread widely on social media, prompted OPay to reassure its customers that it remains fully operational and has no plans to shut down.

In a statement through its verified social media platforms, OPay described the claims as false, malicious, and misleading. Maxwell Loko, OPay’s Vice President of Public and Government Affairs, cautioned customers against making hasty financial decisions based on the fabricated claims and emphasized the importance of relying on authenticated information from OPay's official channels.

The incident has sparked speculation online about potential motives behind the rumor, with some users suggesting that traditional financial institutions might be attempting to undermine fintech companies like OPay. However, there is no evidence to support these allegations.

This incident follows a similar controversy in November 2025, when OPay dismissed claims of account issues and operational suspensions as false.