Fintech startup, OPay is temporarily shutting down its transportation and logistics verticals in Nigeria as it focuses on building e-commerce services.
Despite challenges from the ban on motorcycles and COVID-19, OPay says it is having its best year ever. Mobile payments has grown 40% since January.
After having a fantastic 2019, the year 2020 has been tough for OPay. Since the start of the year, the okada ban and the pandemic have disrupted its plans.
The city of Ibadan is where MAX, ORide and Safeboda are turning their attention to. While ORide launched in Ibadan in July 2019, SafeBoda and MAX.ng have now launched within one week of each other.
The Lagos state government has banned Opay, Max Ng and all other motorcycle and Tricycle operators within the state.
At the Yaba bus stop in Lagos, eager merchants are sweeping and spreading out their day’s wares. The bustle is swelling. Eager motorcyclists are calling out to hurried pedestrians from a makeshift bike park when I notice an ORide motorcyclist zigzagging towards the park slowly. He wrestles his motorcycle with a disheveled man who is […]