Nigeria’s leading financial technology company, OPay, has once again reaffirmed its dominance and innovation in the fintech space after emerging as the only fintech to clinch three major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.

With this milestone, OPay becomes Nigeria’s most decorated fintech brand of the year, further cementing its reputation as a trailblazer in digital finance and payment technology.

According to a statement released on Monday, BusinessDay described OPay as “the powerhouse of daily fintech activity”, recognising its record-breaking performance and expansive impact on Nigeria’s digital payment ecosystem.

The company took home the awards for:

  • Mobile Payment Solutions Provider of the Year
  • Business Solutions Provider of the Year
  • Fintech Security Innovation of the Year

Driving Innovation and Trust

BusinessDay commended OPay for “seamlessly blending scale, safety, and features that empower both merchants and individuals,” noting that its technology delivers one of the most reliable and user-friendly payment experiences in Nigeria.

Today, tens of millions of users transact on OPay monthly, with thousands joining organically through word-of-mouth referrals. The company’s “Pay with OPay” feature has also become a preferred payment method for a majority of online merchants.

Expanding Business Solutions

As the Business Solutions Provider of the Year, OPay was recognised for its growing role in supporting Nigerian enterprises through reliable payment infrastructure and tailored digital tools that help businesses streamline operations and scale efficiently.

Reinforcing Security Leadership

In the Fintech Security Innovation category, OPay’s development of seven advanced security products—including the Large Transaction Shield and NightGuard—was lauded as a model of proactive safety innovation. These features are designed to safeguard users in various transaction scenarios, reflecting OPay’s ongoing investment in customer trust and protection.

Commitment to Inclusion and Growth

Since its inception in 2018, OPay has pursued a mission to make financial services more inclusive through technology. The platform now empowers over one million businesses and tens of millions of active users across Nigeria, reshaping digital transactions in Africa’s largest economy.

Speaking on the triple win, Head of Partnerships, IK Odiase, said:

“This recognition at the 2025 BAFI Awards is a reflection of our stand as a brand that goes beyond banking — combining innovation, security, and inclusion to power the financial lives of millions. It’s an encouragement for us to do even more.”

Licensed by the Central Bank of Nigeria (CBN) and insured by the NDIC, OPay continues to lead the way in secure, fast, and inclusive financial solutions — a legacy it appears determined to expand in the years ahead.