# OPay: Financial services, Lagos, Nigeria

> OPay: OPay is a fintech company founded in 2018, focused on providing a comprehensive financial services platform in emerging markets. Based in Lagos, Nigeria.

Source: https://millionrounds.com/startup/opay-3 (Millionrounds; every figure on the page links to its filing or article)

Nigeria · [Financial services startup](https://millionrounds.com/companies)

# OPay

OPay is a fintech company founded in 2018, focused on providing a comprehensive financial services platform in emerging markets.

Funding reported Last round: Series C

Financial services Lagos, Nigeria

Company summary

- **Founded:** 2018 8 years old
- **Team:** 4,900 1,000+ people
- **Funding reported:** 570M as listed, currency not stated
- **Last round:** Series C Aug 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for OPay has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About OPay

OPay is a fintech company founded in 2018, focused on providing a comprehensive financial services platform in emerging markets.

Primarily operating in Nigeria, it also serves users in Egypt, Pakistan, and Indonesia. OPay aims to promote financial inclusion for unbanked and underbanked individuals. The platform offers a range of consumer services, including digital wallet functionality, money transfers, bill payments, savings, and access to credit. Users can manage everyday financial tasks such as payments, airtime and data top-ups, and merchant payments through a mobile-based app. For businesses, OPay provides payment acceptance solutions, POS services, and business management tools, catering to both small merchants and larger enterprises. In addition to its core services, OPay features transportation and food delivery options like ORide, OTrike, OBus, and OFood, along with investment products such as OKash and OWealth. The platform has gained significant traction, with tens of millions of users, agents, and merchants relying on its services for their financial needs.

## What company datasets say OPay raised

Funding, as reported

Reported in all **570M** in the source's currency

Last round **Series C**

Last round size **400M**

Last round date **Aug 2021**

## The company, in detail

What they build

Built with from their website

Google Sheets Google Workspace Viewport Meta Google Play Microsoft Excel Google Font API Salesforce Nuxtjs Mobile Friendly WhatsApp

+8 more

SQL Amazon Route 53 Visa Microsoft Power BI AWS WAF McAfee Total Protection for Data Loss Amazon AWS VueJS

- **Sector:** Financial services
- **Industry code:** NAICS 522110, SIC 6021
- **Region:** Lagos
- **Part of:** Opera
- **Revenue:** 373M a year, as listed

## Financial services in Nigeria

Startups like it

- [**PalmPay** Lagos · founded 2019 *Raised*](https://millionrounds.com/company/palmpay)
- [**Daya** Lagos · founded 2025 *Raised*](https://millionrounds.com/company/daya)
- [**Creditchek** Lagos · founded 2021 *Raised*](https://millionrounds.com/company/creditchek)
- [**One Finance & Investment** Lagos · founded 2012](https://millionrounds.com/startup/one-finance-investment)
- [**Transsnet Financial** Lagos · founded 2018](https://millionrounds.com/startup/transsnet-financial)
- [**Ultimcred Limited** Lagos · founded 2019](https://millionrounds.com/startup/ultimcred-limited)
- [**Access ARM Pensions** Abuja · founded 2004](https://millionrounds.com/startup/access-arm-pensions)
- [**Paga Group Ltd** Lagos · founded 2009](https://millionrounds.com/startup/paga-group-ltd)

## Is this your company?

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