OPay, a frontrunner in Nigeria’s fintech landscape, has solidified its position as an industry innovator by becoming the sole fintech to secure three prestigious accolades at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
This remarkable feat crowns OPay as the most decorated fintech brand in Nigeria for the year. At the awards ceremony, BusinessDay hailed OPay’s unparalleled achievements, dubbing it “the engine driving daily fintech transactions.”
OPay’s security framework now boasts sophisticated tools such as Large Transaction Shield, NightGuard, and multiple contingency protocols for high-value dealings, enhancing user confidence with every interaction.
BusinessDay praised OPay for its “exceptional integration of scale, security, and empowering features for both merchants and consumers,” ultimately naming it the clear winner for Mobile Payment Solutions Provider of the Year, Business Solutions Provider of the Year, and Fintech Security Innovation of the Year.
These honors underscore OPay’s dedication to pioneering secure, scalable, and innovative financial services across Nigeria.
In earning the Mobile Payment Solutions Provider of the Year award, OPay demonstrated its commitment to delivering one of the nation’s most dependable payment networks. Currently, tens of millions of Nigerians engage with OPay monthly, with thousands more joining daily through organic referrals from satisfied users.
Additionally, a majority of online retailers endorse OPay as their preferred payment gateway, enabling customers to effortlessly complete transactions via the “Pay with OPay” option. As the Business Solutions Provider of the Year, OPay continues to deepen its impact on the commercial sector by offering robust payment infrastructure and customized digital tools that streamline merchant operations, boost productivity, and foster business expansion.
Recognized as the Fintech Security Innovation of the Year, OPay has introduced seven cutting-edge security solutions-alongside ongoing developments-crafted to safeguard users across diverse transaction types. This forward-thinking approach to security has earned OPay a reputation as one of Nigeria’s most trusted and secure financial platforms.
Since launching in 2018, OPay has been driven by a singular vision: to enhance financial inclusion through technology. Today, it empowers over tens of millions of active users monthly and supports more than one million businesses nationwide, transforming how individuals and enterprises engage in the digital economy.
Reflecting on the accolades, IK Odiase, Head of Partnerships at OPay, remarked, “This recognition at the 2025 BAFI Awards affirms our commitment to transcending traditional banking by merging innovation, security, and inclusivity to enrich the financial experiences of millions. It motivates us to continue pushing boundaries.”
Founded in 2018, OPay has rapidly become a leading financial services provider in Nigeria, dedicated to broadening access through technology. Its extensive suite of offerings includes money transfers, bill payments, airtime and data purchases, card services, and merchant payment solutions. Known for its lightning-fast transactions and dependable network, OPay operates under the regulation of the Central Bank of Nigeria (CBN) and is insured by the Nigeria Deposit Insurance Corporation (NDIC), enjoying the same insurance protections as commercial banks.
