OPay Limited (OPAY)

OPay Limited provides digital financial services in Singapore, Nigeria, Indonesia, Egypt, and Pakistan. The company operates through two segments: Digital Wallets and Banking, and Credit Business. The company's Digital Wallets and Banking segment offers a consumer wallet for storing value, peer-to-peer transfers, deposits, and withdrawals through the OPay app. It enables cashless payments through QR code scanning, merchant identifiers, USSD, SMS, and the Pay with OPay checkout for online merchants. The company offers the OPay Debit Card. It also enables bill payments for airtime and data top-ups, utilities, television subscriptions, transportation and tolls, school tuition and exam fees, government and tax payments, entertainment, travel, and charitable donations. The company provides in-app mini-app storefronts through OPay Marketplace, allowing users to browse and complete transactions within the app. It offers savings products, including OWealth; SafeBox; Fixed Deposits, fixed-tenor deposit products; Targets, a goal-based savings tool; and Spend & Save, an automated sweep-savings tool. The company provides merchant acquiring services, including online checkout integration, QR and payment-code acceptance, and POS terminals. It also offers business solutions, such as real-time transaction monitoring, automated settlement and reconciliation reports, multi-outlet workflow management, customer engagement and loyalty tools, supplier and staff management modules, fraud and anomaly detection, API-based integrations with merchant ERP and point-of-sale systems, and access to savings and credit products. The company's Credit Business segment provides personal loans in Nigeria through the OPay app, OKash, and EaseMoni; loan facilitation services in Indonesia through RupiahCepat; buy now, pay later credit for in-app purchases and bill payments; and merchant loans for small and micro businesses. OPay Limited was founded in 2017 and is based in Singapore.