Samson Atekojo: Empowering the last mile – How OPay is expanding financial access across Nigeria

In a tiny assemblage marketplace successful bluish Nigeria, a trader receives outgo for goods done a mobile transportation alternatively of cash. In a agrarian municipality successful the South-West, a young Point-of-Sale (PoS) cause helps residents retreat money, wage bills, and nonstop funds without travelling agelong distances to a slope branch. Across Nigeria, scenes similar these are becoming much communal and astatine the centre of this translation is OPay.

Over the past fewer years, OPay has emerged arsenic 1 of Nigeria’s starring fintech companies, helping to bring tens of millions of antecedently underserved Nigerians into the ceremonial fiscal system. Through technology, bureau banking, and integer outgo services, the institution is expanding fiscal entree to communities often described arsenic the “last mile”, areas wherever accepted banking services stay constricted oregon wholly absent.

At a clip erstwhile fiscal inclusion has go a large nationalist priority, OPay’s increasing beingness crossed municipality and agrarian communities is helping to reshape however Nigerians save, spend, transportation money, and tally businesses.

Bringing Financial Services Closer to the People

For decades, millions of Nigerians faced large barriers to accessing fiscal services. Many agrarian communities had fewer oregon nary slope branches, portion agelong queues, transport costs, and banking charges discouraged low...