OPay, one of Nigeria’s leading financial institutions, has been honored as the Most Innovative Fintech of the Year by Vanguard Newspapers. The prestigious award, showcases OPay’s commitment to revolutionizing financial inclusion, security, and digital payments in Nigeria.
OPay stood out as the only fintech company recognized at the event, a testament to its groundbreaking contributions to the sector. The company has introduced several industry-first features aimed at enhancing security and user experience, including:
- Large Transaction Shield – an advanced security layer for high-value transactions.
- NightGuard – restricting account access during late-night hours to prevent fraud.
- Network Status Notifications – providing real-time alerts before transfers to minimize failed transactions.
- Double Verification & Facial Authentication – reducing errors and enhancing transaction security.
- 24/7 In-App Customer Support – ensuring seamless resolutions without delays.
These innovations have earned OPay widespread praise, with thousands of users taking to social media to share positive experiences.
Receiving the award, Elizabeth Wang, OPay’s Chief Commercial Officer, expressed gratitude: “We are deeply honored to be recognized as the Fintech Company of the Year. This award reaffirms our vision of creating a secure, inclusive, and innovative financial ecosystem for every Nigerian. We dedicate this achievement to our loyal customers who inspire us every day to do better.”
Founded in 2018, OPay is a licensed financial institution committed to making financial services more accessible through technology. Its services include money transfers, bill payments, airtime and data purchases, card services, and merchant payments. OPay operates under the regulation of the Central Bank of Nigeria (CBN) and is insured by the Nigeria Deposit Insurance Corporation (NDIC), offering security comparable to traditional banks.