For more than a decade, Tayo Oviosu’s Paga has built financial rails that Nigerians depend on. In 2025, he pushed those rails beyond the country and into the global lives of its diaspora. This year marks a clear next phase for Paga Group. Founded in 2009, Paga has long been established as one of Nigeria’s most durable fintech institutions, moving from being an app to infrastructure. Oviosu’s strategy was diversification with intent: extending Paga Group’s three-part ecosystem—its consumer platform (Paga), merchant and SME tooling (Doroki), and its infrastructure layer (Paga Engine)—into markets where African money is intersecting with global commerce.
The most consequential move came with Paga Group’s expansion into the United States. In 2025, the company launched regulated digital banking services for Nigerians living abroad, enabling diaspora users to open and manage U.S. bank accounts, access debit cards, and move money seamlessly across borders. It sufficiently positions Paga as a financial bridge between continents.
At home, Paga now serves more than 23 million users and processes over $1 billion in monthly transaction value, while Paga Engine is a growing backbone of the local ecosystem; providing payment infrastructure for technology companies building on its rails. That structural role, rather than consumer growth alone, explains why Paga Group has been named one of Africa’s fastest-growing companies by Financial Times and Statista for three consecutive years.
By the end of 2025, Oviosu had done something few founders manage: he turned longevity into real leverage. Paga Group has become a platform capable of carrying African money systems into the global economy.
