OPay, a top digital bank in Nigeria, has bagged two major awards at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026. The company was named Digital Bank of the Year and Financial Inclusion Leader of the Year.
The awards event took place on 9 October 2026 at the Civic Centre in Lagos. It recognized OPay’s role in promoting digital financial services and improving access to formal financial services for Nigerians.
These awards show OPay’s dedication to providing accessible, reliable, secure, and convenient financial services using technology. With millions of users and over one million merchants and businesses supported, OPay is a key player in Nigeria’s digital financial space.
OPay's Services
OPay offers a variety of financial services through mobile apps, USSD, cards, wallets, and agency banking. This approach helps tackle challenges to financial access, especially for underserved communities. It also supports individuals, small businesses, and merchants with everyday financial tasks.
Dotun Adekunle, the Chief Operating Officer and Chief Technology Officer of OPay, shared his thoughts on the awards. He said, "I commend BusinessDay for its longstanding commitment to recognising excellence in Nigeria’s financial services sector. These awards reaffirm our focus on delivering reliable and secure services that create real value for Nigerians. Our services are Okay, our people are Okay, and OPay is Okay."
The recognition highlights OPay’s ongoing efforts to boost financial inclusion through technology. Its extensive network of merchants and agents connects more people and businesses to digital financial services, encouraging wider participation in the formal financial system.
As OPay works to enhance its services, the company is committed to prioritizing customers, building trust, and providing innovative solutions that simplify everyday financial activities.
OPay started in 2018 as a leading digital bank in Nigeria with the goal of making financial services more inclusive through technology. The company provides various payment services, such as money transfers, bill payments, card services, airtime and data purchases, and merchant payments. Known for its quick and dependable network and strong security features that protect customers’ funds, OPay is licensed by the CBN and insured by the NDIC, offering the same insurance coverage as commercial banks.







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