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OPay Secures Recognition In Digital Payment Category From CNBC, Statista

by Kingsley Okoh
August 10, 2023
in Business, News
OPay

OPay financial services, a prominent digital and financial service group in Nigeria, has achieved a significant milestone in the FinTech arena by securing a global ranking in the Digital Payment Category, as recognised by CNBC and Statista.

Emerging as Nigeria’s sole digital platform in this category, OPay has surged to the forefront of the nation’s Fintech landscape, earning an esteemed position on CNBC and Statista’s global ranking.

The company’s disruptive and innovative approach to the financial sector places it as a leader in the Fintech space.

In an official statement provided to NATIONAL ECONOMY, OPay highlighted its comprehensive dominance in the worldwide FinTech domain, offering an array of diverse financial applications.

CNBC, a respected global 24-hour digital television network specialising in live global financial market information and programming, joined forces with the renowned independent market research firm, Statista, to curate an extensive list spotlighting companies that pioneer innovative, technology-infused financial products and services.

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The result of this collaborative effort is a compilation of the top 200 fintech companies, assessed through a meticulous methodology that evaluates companies’ performance across pivotal indicators including user volume, transaction volumes, and revenues.

Commenting on this achievement, Adekunle Adeyemi, the Head of Marketing at OPay, explained that the company’s global ranking in the digital payment category is a direct outcome of the escalating demand for seamless digital payment solutions within Nigeria. This demand has propelled OPay’s trajectory, positioning it as a fast, secure, and dependable platform for a wide range of financial transactions.

Adekunle affirmed that this global recognition reaffirms OPay’s commitment to transforming the digital payment landscape within Nigeria and beyond. He highlighted OPay’s role as a critical driver that has rapidly transformed the e-payment systems in Nigeria. This transformation has boosted innovative technology for clients, retailers, consumers, and businesses by providing an array of digital solutions that prioritize convenience and affordability, thus supporting their future aspirations.

He further added, “This achievement showcases what we set out to do as a company, and what our teams have been working tirelessly to achieve. We are truly proud to be the torchbearer for innovation and convenience in the Nigerian fintech industry, and this achievement further reinforces our dedication and the resilience of our customer-centric approach.”

Amidst a period characterised by significant upheaval in the fintech sector, funding shortages, and increased cost-cutting measures, OPay revealed that its focus has remained on crafting tailored products and services to support and empower customers while delivering unique and exceptional customer experiences.

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