Business News of Friday, 5 December 2025
Source: www.punchng.com
Nigeria’s premier financial technology company, OPay, has been named Fintech Company of the Year and Best Fintech in Cybersecurity at the ninth Tech Innovation Awards.
In a statement on Thursday, OPay said the award was in recognition of its innovation and security leadership.
The awards ceremony, held on 29 November 2025, in Lagos, convened top organisations and industry leaders who shape the country’s digital landscape.
Speaking after receiving the honours, Chief Compliance Officer at OPay, Chukwudinma Okafor, said, “These awards are a testament to our relentless pursuit of excellence in fintech and our unwavering commitment to user security. Every innovation we introduce, from secure payments to advanced compliance measures, is designed to give millions of Nigerians the confidence to transact safely. This recognition belongs as much to our dedicated team as it does to the users who inspire us to continually raise the bar for excellence in fintech and cybersecurity.”
Highlighting OPay’s proactive approach to security, Chief Commercial Officer Elizabeth Wang said, “We are incredibly proud to receive both Fintech Company of the Year and Best Fintech in Cybersecurity at the 9th Tech Innovation Awards, two recognitions that highlight our dedication to security and user protection. At OPay, we believe that equipping users with the knowledge and advanced tools is essential to building trust and promoting financial inclusion. This was demonstrated through our OPay Security Vote Campaign some months ago, a dynamic social media initiative that educated users on our in-app security features. The campaign has helped millions of Nigerians understand how to protect their accounts and transact safely, reinforcing that security is central to everything we do. Hence, these awards recognise not only our leadership in fintech but also our commitment to keeping every transaction secure and our customers confident in their financial journey.”
OPay was established in 2018 as a leading financial institution in Nigeria with the mission to make financial services more inclusive through technology. The company offers a wide range of payment services, including money transfer, bill payment, card service, airtime and data purchase, and merchant payments, among others. Renowned for its fast and reliable network and strong security features that protect customers’ funds, OPay is licensed by the Central Bank of Nigeria and insured by the Nigerian Deposit Insurance Corporation with the same insurance coverage as commercial banks.