OPAY entered the African market in the year 2018 with Nigeria as the first target. After it gained tractions in the country with significant funding, the fintech expanded it operations to other part of the continent. In 2017, OPAY established its presence in Kenya. James Yahui Zhou, the current owner of OPAY, was already in talks with Telnet to acquire PAYCOM, which later became OPAY. This article guides you through the list of countries where OPay operates, highlights the African nations using the service, and explains how users can use OPay internationally and receive money from other countries and helps you solve some questions like Can OPay receive money from Pakistan, List of African Countries using OPay and more.
During the move to acquire PAYCOM in Nigeria, Opera Group introduced OPAY in Kenya probably to test the African market. In 2018, the Opera Group completed the acquisition of controlling stake in Paycom Nigeria Limited. James Zhou Yahui founded the Opera Group.. Read this article to learn more about the History of OPAY.
In this article, we will highlight the list of countries OPAY is currently operating in as a financial provider within Africa and beyond the continent. Hence and without further ado, let’s get into the list of the countries using OPAY.
List of African Countries using OPay
Here’s the list of countries currently using OPAY in Africa:
- Nigeria
- Kenya
- Egypt
- Rwanda
- Ghana
- South Africa
- Uganda
- Tanzania
In 2021, the Central Bank of Egypt (CBE) approved OPay to issue prepaid cards. The fintech started in 2013 as PayCom and received its license from the Central Bank of Nigeria in 2018 under the name OPay.
List of Asian, American, Countries using OPAY
Here’s the list of countries currently using OPAY in Asia and America:
- Mexico
- China
- Pakistan
Also Read: OPay Face ID, Facial Recognition and Verification
Conclusion
OPay, a fintech company focused on Africa, began operations in 2018. In August 2021, it raised $400 million in funding, led by SoftBank, valuing the company at $2 billion. Several major Chinese investors have shown strong interest in OPay. In a nutshell, the finance technology company is currently working in Nigeria, Ghana, Uganda, Tanzania, Kenya, Mexico, Egypt, Pakistan, China, Rwanda, and South Africa.
FAQs
How many countries is OPay available in?
As of 2024, OPay is currently available in 11 countries.
Can OPay be used internationally?
Users can access OPay services internationally in 11 countries: Nigeria, Ghana, Uganda, Tanzania, Kenya, Mexico, Egypt, Pakistan, China, Rwanda, and South Africa. The availability of services may vary by country. Through IMT partner – World Remit, you can now receive money from the United States, the United Kingdom, and 50 other countries directly into your OPay wallet, making it a fast, convenient, and affordable way to receive money from abroad.
Which country owns OPay?
Opera Limited, a Norway-based company, owns OPay. Originally founded by Telnet Nigeria Limited, the company now receives significant backing from Chinese investors. Opera Group acquired the company, rebranded it as OPay, and established it as an independent entity.
Can OPay receive money from other countries?
OPay is not an International Money Transfer Operator (IMTO) like WorldRemit. So, users cannot directly receive money from other countries through the app, even if they are in a country where the fintech service currently operates.
Can OPay receive money from Pakistan?
OPay cannot directly receive money from Pakistan to Nigeria. The only way to send money from Pakistan to Nigeria using OPay is by sending the Pakistani Rupee through WorldRemit. WorldRemit will convert the foreign currency in equivalent to Naira at the current market rate and credit your OPay Account.