OPay Makes Strides in Financial Inclusion and Industry Recognition in Nigeria
Lagos, Nigeria – Leading Nigerian fintech institution OPay has continued to make significant strides in both industry influence and operational growth, reinforcing its mission to expand accessible digital financial services across Nigeria. Within the past 30 days, OPay’s achievements underscore its commitment to innovation, regulatory compliance, and inclusive economic empowerment.
🏆 OPay Named Fintech/Digital Bank of the Year 2025
In a historic development for the Nigerian financial technology ecosystem, OPay was named The Sun’s First-Ever Fintech/Digital Bank of the Year 2025 at the 31st The Sun Awards held at Eko Hotels and Suites, Lagos on January 31, 2026.
This accolade, the first of its kind at The Sun Awards, highlights OPay’s integrated digital financial platform — encompassing mobile banking, wallet services, merchant payment solutions, and lifestyle products — as a major driver of digital transformation in financial services.
In her remarks, OPay’s Chief Commercial Officer, Elizabeth Wang, stated that the award reflects the trust millions of Nigerians place in the platform daily, and reinforces OPay’s long-term commitment to building secure, reliable, and inclusive financial solutions for individuals and businesses across Nigeria.
This recognition aligns with OPay’s broader objective to support economic participation at every level — from facilitating seamless peer-to-peer transfers to empowering small merchants with dependable payment tools.
Regulatory Commitment: OPay Reaffirms Compliance Priority with EFCC
In late December 2025, OPay’s executive leadership team paid a strategic courtesy visit to the Economic and Financial Crimes Commission (EFCC) headquarters in Abuja to reaffirm regulatory compliance as a core operational priority.
During the visit, OPay’s Global CEO, Steven Wen, emphasized that compliance with Nigerian laws and financial regulations remains a “red line” that the company will never compromise. The EFCC leadership commended this stance and encouraged robust Know Your Customer (KYC) practices to safeguard the financial ecosystem and protect consumers against fraud and illicit activities.
This proactive engagement with regulators underscores OPay’s commitment to maintaining transparency, integrity, and operational excellence while fostering trust among users, partners, and stakeholders nationwide.
Physical Expansion: New OPay Office Boosts Local Service Delivery
In November 2025 — a development relevant to OPay’s ongoing growth trajectory — the company officially opened a new office in Ibadan, expanding its physical footprint and reinforcing its service reach in Southwest Nigeria.
The upgraded Ibadan facility strengthens OPay’s commitment to blending digital convenience with personalized in-person support. According to Elizabeth Wang, this expansion enhances customer engagement, improves merchant support services, and underlines OPay’s nationwide strategy to bring inclusive financial services closer to Nigerians’ everyday lives.
With 28 operational locations across 25 states, the new office is part of OPay’s broader effort to deepen financial inclusion — especially for underserved individuals, small businesses, and entrepreneurs.
Driving Financial Inclusion and Economic Empowerment
OPay’s recent wins and strategic actions reflect a strong focus on supporting Nigeria’s long-term digital economy and ensuring that modern financial tools are accessible to all segments of society.
From industry accolades to strengthened regulatory partnerships and expanded physical presence, OPay continues to bridge the gap between traditional banking and the evolving digital economic landscape.
Why This Matters for Nigeria
OPay’s continued momentum contributes to broader national objectives — including financial inclusion, digital literacy, and economic participation. By offering secure, convenient, and innovative services that reach millions of Nigerians, OPay remains a central player in shaping the future of digital finance in Africa’s largest economy.
