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Nigeria’s leading financial technology company, OPay, has reinforced its position as an industry trailblazer after emerging as the only fintech firm to win three major categories at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
The fintech giant took home the awards for Mobile Payment Solutions Provider of the Year, Business Solutions Provider of the Year, and Fintech Security Innovation of the Year, making it Nigeria’s most decorated fintech brandof the year.
In a statement, BusinessDay commended OPay’s consistent excellence and impact, describing the company as “the powerhouse of daily fintech activity.” The recognition highlights OPay’s innovation, scale, and commitment to secure and inclusive financial services.
According to the publication, OPay’s advanced security architecture—which includes innovative tools such as Large Transaction Shield, NightGuard, and multiple fail-safes for high-value transactions—has set new standards for trust and protection in digital payments.
“For seamlessly blending scale, safety, and features that empower both merchants and individuals, OPay was the clear choice for Mobile Payment Solutions Provider of the Year, Business Solutions Provider of the Year, and Fintech Security Innovation of the Year,” BusinessDay noted.
The company’s Mobile Payment Solutions continue to power tens of millions of monthly transactions, with new users joining daily through organic referrals. OPay has become one of the most reliable and widely adopted digital payment networks in Nigeria, with merchants increasingly recommending the “Pay with OPay” option for seamless checkout experiences.
As the Business Solutions Provider of the Year, OPay has also deepened its presence in the enterprise space—offering tailored payment infrastructure and digital tools that help businesses enhance efficiency, reduce friction, and scale operations effectively.
Meanwhile, its win as Fintech Security Innovation of the Year reflects OPay’s leadership in transaction safety. The company has built seven advanced security solutions, with more in development, ensuring user protection across diverse transaction scenarios—cementing its status as one of Nigeria’s most secure and trusted financial institutions.
Since its launch in 2018, OPay has remained focused on its mission to make financial services more inclusive through technology. Today, the platform empowers tens of millions of users and over one million businesses, redefining how individuals and enterprises transact and grow in Nigeria’s digital economy.
Commenting on the win, IK Odiase, Head of Partnerships at OPay, said:
“This recognition at the 2025 BAFI Awards reaffirms our commitment to innovation, security, and inclusion. We are more than a fintech — we’re building a trusted ecosystem that powers financial growth for millions of Nigerians. This honour motivates us to keep pushing boundaries.”
Licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC), OPay continues to set the benchmark for reliability, safety, and innovation in Nigeria’s fast-evolving fintech landscape.
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