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). […]
In the three months between July and September 2019, OKash provided approximately 5 million loans valued at $250 million in Kenya, India and Nigeria. During the same period, the quick loans platform tripled its revenue to $39.9 million.
OPay has increased its transaction fees for bank transfers. The app will now charge N45 for the first transaction a user makes in a day. and 1% processing fee for subsequent transactions.
Okadas have dominated the Lagos transportation landscape for decades. Despite several attempts at proscribing them through legislation, it has, more than the ubiquitous danfo, always represented true ease of movement. Lagos is a city plagued by devilish traffic jams and it is not unusual to hear people saved from missing flights and important meetings by […]
They’re everywhere, green and hard to miss. You’ve probably used one of their services or perhaps you haven’t. Not just yet. But you’ve heard of them and seen their billboards around town. OPay landed quietly in Nigeria in 2018 as a payments solution but has since gained name recognition with its ubiquitous bike-hailing service. What […]
The Lagos State government is planning to introduce a N25 million license for bike hailing startups. With one road transport union mandating bike hailing riders to pay levies, the government license will stop this and allow startups to operate freely within the state.