News

OPay reportedly applies for digital banking licence in Egypt

OPay reportedly recorded significant growth in its 2025 financial year, with revenue increasing 161% to $536.25 million and net profit reaching $72.47 million.

Fintech

PalmPay eyes Hong Kong IPO, joining OPay in Africa’s fintech listing race

PalmPay, the Africa-focused fintech, is reportedly preparing for an initial public offering in Hong Kong, according to Bloomberg.

Fintech

OPay reportedly valued at $3B as early backer signals IPO plans

Opay's valuation reportedly skyrockets to $3.1 billion

News

New CBN rules for Agent Banking and why OPay stands out in the new era

CBN’s new agent banking rules are reshaping PoS, here’s how OPay helps agents stay compliant and grow.

Analysis

OPay is losing Nigeria’s PoS agents to Moniepoint as CBN deadline nears

As the April 1 deadline approaches, thousands of OPay devices that were once active in Ekiti and beyond could be returned.

News

Nigeria mandates POS geotagging, placing a 60-day test on fintechs

While the move may disrupt informal operators, it’s expected to strengthen trust in digital payments and improve traceability across Nigeria’s financial system.

Fintech

UBA eyes small business market with massive pos terminal launch

UBA has launched 46,000 smart PoS terminals in Nigeria under its new RedPay brand, in a strategic move to reclaim market share from dominant fintechs like Moniepoint, OPay, and PalmPay.

Fintech

Nigerian fintechs resume customer enrollment after crackdown

Kuda Bank, Moniepoint, OPay, and Palmpay, have resumed customer enrollment activities after a regulatory suspension period.