It seems like only yesterday when Tayo Oviosu‘s mobile payment service launched. That was back in April of 2009, exactly 5 years ago today.

It took Paga another 2 years to receive CBN operating license and since then the platform has grown into a 204-member team, working with a network of over 4,470 agents in 25 states, and currently serving over 1350+ businesses nationwide. Of the over 1.3 million users Paga has managed to amass, 15 are said to use Paga every minute to conduct transactions from their mobile phones, amounting to about 7 million transactions worth over N80 billion to date. That’s huge. One can only imagine what the future holds for Paga.

Read this next
More From TC

My Life In Tech is putting human faces to some of the innovative startups, investments and policy formations driving the technology sector across Africa. I’m on a treadmill trying to complete a two minute stretch of intense run when I feel some pain on my right knee and I fleetingly ask myself ‘What Would Moyin […]

The Chinese backed startup OPay is continuing its move to become a super app with the launch of OCar, its ride-hailing service in Lagos, Owerri, Port Harcourt, Abuja and Benin. OCar is the company’s latest vertical in an ecosystem that already includes offerings for food (OFood), bike-hailing (ORide), classifieds (OList), three-wheelers (OTrike) and bus-hailing (OBus). […]

TechCabal is a Big Cabal Media brand

Copyright © 2019
All rights reserved

Privacy & Terms