Tag: Opay
CBN cracks down on Moniepoint, OPay with ₦1 billion fine each over regulatory violations
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The Central Bank of Nigeria (CBN) has intensified its oversight on the fintech sector, imposing ₦1 billion fines…
Opay, Moniepoint, others begin N50 stamp duty deductions on transactions exceeding N10,000
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Fintech firms such as OPay, Moniepoint, and others have begun deducting N50 Electronic Money Transfer Levy (EMTL) from…
Paystack’s new partnership with OPay offers Nigerian businesses smarter payment solutions
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Nigerian fintech firm Paystack has partnered with Opay to launch a new payment feature in honour of Stripe.…
AfriGO, OPay’s alliance to transform Nigeria’s digital payment ecosystem
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AfriGO Card, powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS),…
Palmpay appoints ex-Opay official to lead its marketing and public relations in Nigeria
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Femi Hanson, a former Opay employee, has been appointed as the new head of marketing and public relations…
OPay awards ₦12 million scholarship to ABU students
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OPay, a renowned financial service provider in Nigeria, presented ₦12 million in scholarships to 40 honourable students at…
OPay introduces facial recognition for high-value transfers
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Opay has launched a new security feature called “Large Transaction Shield” that requires facial recognition of the account…
Opay, others to charge N50 levy on electronic money transfers in Nigeria
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Nigerian fintech companies like OPay, Moniepoint, and PalmPay will charge N50 for electronic payments of N10,000 or more…
CBN lifts Opay, Moniepoint, others account ban following compliance efforts
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The Central Bank of Nigeria (CBN) has announced that the ban on new account openings for leading fintechs,…
OPay’s valuation nears $3 billion as Nigeria’s digital payments surges
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OPay, the Nigerian fintech startup backed by notable investors such as Sequoia Capital and Softbank, has seen a…
