OPay, Nigeria’s leading financial technology company, has reaffirmed its industry leadership and innovation by emerging as the only fintech to clinch three major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
With this achievement, OPay stands out as Nigeria’s most awarded fintech brand this year.
At the ceremony, BusinessDay recognised OPay’s record-breaking performance, describing the company as “the powerhouse of daily fintech activity.”
According to the organisers, OPay’s security suite includes advanced features such as Large Transaction Shield, NightGuard, and multiple fail-safes for high-value transactions — reinforcing trust in every tap.
“For seamlessly blending scale, safety, and features that empower both merchants and individuals, OPay is the obvious pick for Mobile Payment Solutions Provider of the Year, Business Solutions Provider of the Year, and Fintech Security Innovation of the Year,” BusinessDay stated.
The company received three awards — Mobile Payment Solutions Provider of the Year, Business Solutions Provider of the Year, and Fintech Security Innovation of the Year — in recognition of its innovation, scale, and commitment to secure financial services.
For Mobile Payment Solutions Provider of the Year, OPay was commended for its reliable technology that guarantees one of the strongest transaction networks in Nigeria.
Today, tens of millions of users transact with OPay monthly, with tens of thousands joining through referrals from friends and family. Many online merchants also recommend OPay as a preferred payment option through the “Pay with OPay” feature.
As Business Solutions Provider of the Year, OPay continues to offer reliable payment infrastructure and tailored digital solutions that help merchants optimise operations, improve efficiency, and drive business growth.
Winning Fintech Security Innovation of the Year highlights OPay’s development of seven advanced security products — with additional features in progress — to protect users across various transaction scenarios.
Since its inception in 2018, OPay has pursued a mission to make financial services more inclusive through technology. The company now empowers tens of millions of users and over one million businesses across Nigeria.
Speaking on the recognition, OPay’s Head of Partnerships, IK Odiase, said the awards reflect the company’s commitment to innovation, security, and inclusion in powering the financial lives of millions.
Licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation, OPay offers services including money transfer, bill payment, airtime and data purchase, card services, and merchant payments.