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Lagos-based OPay Digital Services runs a mobile platform for payments, transport, food delivery, and bill payments in Nigeria.
Founded in 2018 and based in Lagos, Nigeria, OPay Digital Services Limited offers a mobile payment platform for sending and receiving money from any Nigerian bank. It charges users a 3% service fee per transaction, and monthly transaction volumes exceeded USD 3 billion, supported by 300,000 agents and 5 million registered app users. In August 2021 the company raised USD 400 million in venture funding led by SB Investment Advisers, and CEO Yahui Zhou leads it. It plans to expand into adjacent markets and replicate its model in Egypt.
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