- Forbes Middle East magazine in a press release published recently has rated OPay as one of the leaders in the electronic payments scene in Egypt.
- It considers OPay Group as one of the fastest growing companies in the Egyptian market since its launch in 2021.
Forbes Middle East magazine in a press release published recently has rated OPay as one of the leaders in the electronic payments scene in Egypt .It considers OPay Group as one of the fastest growing companies in the Egyptian market since its launch in 2021.It has become the most popular among merchants using its points of sale (POS) to collect bills and other payments and has become a convenient financial solution to the unbanked population in Africa through its integrated services to its customers, and ease of access to them.
“OPay” Group was founded in 2018, and soon rose to prominence as the top financial services provider, operating in Nigeria, Egypt, and Pakistan. It has a customer base of 60 million active users currently generating around $3 billion in monthly transactions. The group is planning expansion across the rest of the Middle East and North Africa this year.
OPay Group received a $400 million funding round last August, which increased the company’s valuation to $2 billion which motivated OPay to venture towards territories in North Africa – particularly Egypt.
