Opay

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OPay is a fintech company focused on emerging markets. Since its establishment in 2018, OPay is providing convenient digital wallet and payment services to the unbanked population in Africa. Currently, its business has expanded to Nigeria, Egypt, Pakistan, Indonesia, and other countries, providing inclusive and convenient financial services such as loans, payments, digital wallets, and innovative solutions powered by AI and big data. OPay was established in 2018, and licensed by the Central Bank of Nigeria (CBN) in 2018.It was insured by the Nigeria Deposit Insurance Corporation(NDIC). In May 2019, OPay launched its Point of sale service, which was mostly dominant in Nigeria during the naira cash strike. In November 2021 Olu Akanmu was appointed the co-CEO of OPay until his resignation in 2023. On December 1, 2025，has announced key management appointments，the newly formed management team includes Lars Boilesen as Co-CEO, Stephen as Co-CEO and COO, and James Perry as CFO. In September 2021, OPay received an international funding led by Soft bank. OPay extended to Egypt in 2021, and was approved by the Central Bank of Egypt as well as to issue prepaid cards. In May 2022, OPay Nigeria partnered with the Verve International to enrol its verve debit card.