According to Vanguard, technology has significantly transformed financial transactions in Nigeria, allowing individuals to conduct activities such as sending money, paying bills, and purchasing airtime via mobile phones without needing to visit a bank. This shift towards digital financial services is exemplified by OPay, which is playing an increasing role in facilitating access to these services as the economy becomes more digital.

OPay has launched a new office in Kaduna, Nigeria, which is part of its strategy to enhance financial inclusion and improve customer service in the region. This expansion reflects OPay's ongoing commitment to providing accessible financial solutions to a broader audience.

OPay, a prominent fintech company in Nigeria, has partnered with 3MTT to extend the deadline for its National Innovation Challenge. This extension aims to engage more student innovators in the competition, allowing them additional time to submit their innovative ideas and projects.

OnePurze is a Nigerian fintech company that aims to simplify the process for Nigerians to receive payments and send money abroad. The platform is designed to address the challenges faced by users in international transactions, providing a more efficient and user-friendly experience.

Xpress Payment Solutions Limited plans to leverage emerging technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) for its next growth phase, following a decade of processing transactions worth trillions of naira. The announcement was made by the company's Managing Director and Chief Executive Officer, Mr. Wale Olayisade.

According to CIO Africa, Africa's payments landscape is evolving into a new phase that goes beyond mere digital transactions, focusing on the development of intelligent and interconnected financial ecosystems. This shift indicates a significant transformation in how financial services are delivered and utilized across the continent.