OPay Named Digital Bank and Financial Inclusion Leader at BAFI 2026

Nigeria's digital bank OPay has been acknowledged as the Digital Bank of the Year and Financial Inclusion Leader of the Year at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026. The awards ceremony, held on October 9th at the Civic Centre in Lagos, recognized OPay's significant contributions to expanding access to formal financial services for Nigerians.

OPay's dual recognition underscores its commitment to providing accessible, reliable, secure, and convenient financial services through technology. The company serves tens of millions of users and supports over a million merchants and businesses, playing a crucial role in Nigeria's digital financial ecosystem. OPay offers a diverse range of financial services through multiple channels, including mobile, USSD, cards, wallets, and agency banking, helping to overcome barriers to financial access, especially for underserved communities.

Commenting on the awards, OPay's COO and CTO, Dotun Adekunle, praised BusinessDay for its commitment to recognizing excellence in the financial services sector, reaffirming the company's dedication to delivering reliable and secure services that create real value for Nigerians. OPay's achievements are a testament to its ongoing efforts to advance financial inclusion through technology, with its extensive network of merchants and agents connecting more people and businesses to digital financial services, fostering broader participation in the formal financial system.

As OPay continues to enhance its services, the company remains customer-centric, focused on building trust, and delivering innovative solutions that simplify and make financial activities more accessible for everyone. Established in 2018, OPay was founded with the mission to make financial services more inclusive through technology, offering a wide array of payment services such as money transfers, bill payments, card services, airtime, data purchases, and merchant payments.

The company is licensed by the Central Bank of Nigeria (CBN) and insured by the National Insurance Trust (NDIC), matching the insurance coverage provided by commercial banks.