Africa: OAPay Expands Across Africa, Transforming Cross-Border Payments

OAPay, a fintech licensed in both the United Kingdom and the United States, has expanded its operations into Kenya, Ghana, Nigeria, Uganda, and Tanzania, positioning itself as a key player in Africa’s growing cross-border payments sector. This expansion targets the booming remittance market, which is heavily driven by diaspora inflows and increasing demand for faster, cost-effective international transfers.

By leveraging digital financial infrastructure, OAPay is entering a competitive remittance landscape, challenging traditional money transfer services like Western Union and MoneyGram. The company aims to offer lower fees, competitive exchange rates, and real-time transaction alerts, ensuring a seamless experience for users sending money across borders.

“Our mission is to provide the best money transfer services, enabling our members to support their families back home while fostering economic prosperity in the countries we operate in,” said Tracey Abiola, OAPay’s Founder and CEO.

Disrupting Traditional Remittance Services

With remittances contributing over 5% of GDP in more than 15 African countries, governments across the continent are prioritizing ways to boost foreign exchange inflows and reduce the high cost of money transfers. Fintech innovations like OAPay’s digital-first model introduce greater efficiency and affordability, making cross-border transactions more accessible for millions.

Unlike conventional remittance services, OAPay ensures that users can send and receive funds without hidden fees or commissions. This Africa-first, community-driven platform prioritizes financial inclusion by allowing more money to reach recipients while reducing the barriers associated with global money transfers.

Driving Social and Economic Impact

Beyond its commitment to financial accessibility, OAPay is dedicated to social impact initiatives. The company actively supports local African communities by funding hospitals and NGOs that promote safe childbirth and improved healthcare. Additionally, it invests in women’s empowerment programs, providing educational resources and financial opportunities to enhance economic participation across the continent.

Shaping the Future of Remittances in Africa

As fintech competition reshapes Africa’s financial landscape, OAPay’s innovative approach to remittances is setting a new industry standard. By offering faster transactions, lower costs, and community-focused initiatives, the company is ensuring that more money stays within families and contributes to local economic development.

With its expanding presence in Africa, OAPay is not just facilitating seamless cross-border payments—it is empowering communities, fostering financial inclusion, and redefining how remittances drive economic growth across the continent.