CBN awards OPay for financial inclusion innovation

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The Central Bank of Nigeria (CBN) has honored OPay with the Financial Inclusion Innovation Award at the 2024 International Financial Inclusion Conference. The award underscores OPay’s pivotal role in Nigeria’s drive to achieve a 95% financial inclusion rate by 2024. The event gathered global leaders and stakeholders and emphasized strategies to boost access to African financial services.

OPay’s CEO, Dauda Gotring, highlighted the company’s commitment to delivering secure and innovative digital financial solutions while maintaining compliance with regulatory standards. The award selection process evaluated factors such as technological innovation, customer impact, and adherence to the CBN’s financial inclusion goals, where OPay excelled among industry peers.

The conference also discussed challenges and opportunities in enhancing financial inclusion, emphasizing digital literacy and collaboration between regulators and private entities. OPay reaffirmed its dedication to leveraging technology to build an inclusive financial ecosystem and was recently named ‘Mobile Payment Solutions Provider of the Year’ at another prestigious financial industry awards ceremony.

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