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Paga Group Processes $11 Billion in 2025 Transactions

Paga Group Processes $11 Billion in 2025 Transactions

Paga Group, a leading financial services infrastructure company in Africa, announced that it processed a total of $11 billion across 169 million transactions in 2025, equivalent to $1.5 billion processed monthly. This announcement coincided with the company's 17th anniversary, highlighting its growth and the scalability of its business model.

Tayo Oviosu, the Group Chief Executive Officer and Chairman of the Group Board, indicated that the company’s net revenue grew fivefold during this period. Paga Group aims to enhance its platform for enterprises and consumers through its Paga app and merchant services.

The company is also focused on innovation, identifying emerging technologies for market readiness as it enters Phase Two of its project. Oviosu will concentrate on the group's expansion priorities, including stablecoin and AI cryptocurrency initiatives.

Jai Alabraba, co-founder, will take on a new mandate as Group Director of Special Projects, while Oyinloy has been appointed as the Group Chief Operating Officer.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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