OPay, a leading digital bank in Nigeria, has won two prestigious awards at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026, taking home the titles of Digital Ba
OPay, a leading digital bank in Nigeria, has won two prestigious awards at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026, taking home the titles of Digital Bank of the Year and Financial Inclusion Leader of the Year.
The awards ceremony, held on 9 October 2026 at the Civic Centre, Lagos, recognised the company’s impact in advancing digital financial services and expanding access to formal financial services for Nigerians.
The dual recognition reflects its commitment to delivering accessible, reliable, secure and convenient financial services through technology. With tens of millions of users and over a million merchants and businesses supported, OPay continues to play a significant role in Nigeria’s digital financial ecosystem.
BAFI Award 2026
Beyond its digital reach, the company provides a range of financial services through mobile, USSD, cards, wallets and agency banking channels. This multi-channel approach helps address barriers to financial access, particularly for underserved communities, while supporting individuals, small businesses and merchants with everyday financial transactions.
Commenting on the awards, the Chief Operating Officer and Chief Technology Officer of OPay, Dotun Adekunle, said, “I commend BusinessDay for its longstanding commitment to recognising excellence in Nigeria’s financial services sector. These awards reaffirm our focus on delivering reliable and secure services that create real value for Nigerians. Our services are Okay, our people are Okay, and OPay is Okay.”
The recognition builds on the payment giant’s efforts to advance financial inclusion through technology. Its nationwide network of merchants and agents helps connect more people and businesses to digital financial services, supporting greater participation in the formal financial system.
L-R: Isimeme Ayobami Owobu, Director, Key Account Merchants, Retail and FMCG, Korede Adewale, Head of Online and App Business, Dotun Adekunle, COO/CTO, OPay; Patrick Akinwuntan, Former Managing Director, Ecobank; Odiase Ikponmwosa Kolawole, Head of Partnerships, and Joshua Folayemi, Public Relations Lead, OPay at the BusinessDay Banks and other Financial Institutions (BAFI) Awards 2026 in Lagos.
As OPay continues to strengthen its services, the company remains focused on putting customers first, building trust and delivering innovative solutions that make everyday financial activities simpler and more accessible.
Also read: OPay vs Nigeria’s 5 biggest banks: 2026 figures so far
OPay was established in 2018 as a leading digital bank in Nigeria with the mission to make financial services more inclusive through technology. The company offers a wide range of payment services, including money transfers, bill payments, card services, airtime and data purchases, and merchant payments, among others. Renowned for its fast and reliable network and strong security features that protect customers’ funds, the company is licensed by the CBN and insured by the NDIC with the same insurance coverage as commercial banks.
