Who is the funder of OPay?

“We want to be the power that helps emerging markets reach a faster economic development,” said Zhou Yahui, founder and chief executive of OPay, in the statement. Zhou also founded Chinese gaming company Beijing Kunlun Tech Co Ltd (300418.SZ), which was once the owner of the popular dating app Grindr.

How much is OPay worth?

Bloomberg reported on Monday that OPay raised $400 million in new funding round — a Series C — that valued the Nigerian startup at $2 billion, following two raised investments in 2019; $50 million in June and a $120 million Series B in November.

Who is the owner of OPay in Nigeria?

Chinese-owned African fintech startup, OPay, has announced the appointment of former FCMB Executive Director for Retail Banking, Olu Akanmu as the new president/Co-CEO for its Nigerian division.


Is OPay registered with CBN?

Our businesses are licensed and regulated by the Central Bank of Nigeria – like any established financial institution – and OPay is today one of the leading Fintechs in Nigeria.”

Is OPay a Microfinance Bank?

OPay, which has a microfinance bank (MFB) licence from the Central Bank of Nigeria (CBN), becomes the second largest bank in Nigeria in view of its $2 billion market valuation and giving it 33 percent of the market valuation of top Tier 1 banks.

How does the OPay app make money?

You can make money on Opay by referring your friends and family. All you have to do is click here to register. Then you download the app. For every person you invite to use the app, you will be paid ₦150.

Is OPay investment platform legit?

Please shine your eyes! OPay is not associated with any Investment Platform or Donation Platform. Don’t lose your hard-earned money to fraudsters!

How much did OPay raise?

African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding. Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion.

When was OPay established?

OPay is an African startup Its headquarters is in Ikeja, Lagos, Nigeria. The company was founded on August 1, 2018. The legal name of the business is Olay Co.

Can OPay account receive dollars?

With OPay’s infrastructure in Nigeria, it will be easier and faster for global remittance companies to partner with OPay to help their customers to receive money from their business partners, customers and loved ones directly into their OPay wallet and any bank account or mobile wallet in Nigeria.

Is OPay legit in Nigeria?

About OPay The Opera Mini browser is the second most-used browser in Africa after Google Chrome. OPay is widely used in Nigeria and around Africa. The platform has grown to be very popular over the years. With many investors funding the fintech platform, OPay has grown to be a successful brand.

Does Western Union Pay dollars in Nigeria?

Our Nigerian customers can expect to begin receiving payout in USD for retail transactions, effective December 4, 2020. Digital to cash transactions remain available and will be paid out in USD, effective December 8, 2020.

How safe is OPay?

We want all our customers to know that OPay remains their trusted financial partner. Our platform has a robust and tested infrastructure to keep their funds safe and secured at all times, and no funds can be moved without confidential information such as passwords or OTP on our platform.

Is Fcmb a Microfinance Bank?

It is amazing that many Nigerians do not know that First City Monument Bank (FCMB) owns a Microfinance bank, a subsidiary with the aim of offering monetary services to the less-banked and unbanked low-income sector.

What does OPay pay for referrals?

Get up to N8,000 when you refer a friend to download the OPay app. Here are some terms and conditions you should know: If a friend downloads the OPay app and uses your referral code upon sign up, you earn N10.

How do I earn daily on OPay?

You can start earning at least 5k daily on Opay by referring just 10 persons to earn a bonus of 500 Naira each or 9 persons to earn 550 Naira each. All they have to do is perform at least 4 tasks, or use at least 4 of Opay feature services on the app.

Is Piggyvest legit?

All Piggyvest user funds remain safe and secure as always. No user fund don experience any loss of any kind, and dem no go experience anything like dat”, Piggy Vest tok.

What is OPay investment platform?

OPAY INVESTMENT PLATFORM. This is a unique and legitimate platform that gives you double of your investment within 45 minutes and after 2hrs you can do another one. Call or what’s app (07042752485)for ) to be a member.

How many countries does OPay operate in?

The partnership allows people to receive money from over 50 countries directly into their OPay wallets. The company said it would be leveraging its extensive agent network, which it has successfully scaled since its launch in 2018, to help people send/receive remittances more easily and affordably.

What’s the meaning of POS?

Point of sale (POS), a critical piece of a point of purchase, refers to the place where a customer executes the payment for goods or services and where sales taxes may become payable.

What is not opaque?

not transparent or translucent; impenetrable to light; not allowing light to pass through. not transmitting radiation, sound, heat, etc.


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