The continent with a population of 1.3 billion people is already the most significant mobile-driven region worldwide, with an 83% penetration of mobile users. Nigerian Fintech have surfaced as pioneering contenders in Nigeria’s financial services arena. Opay:Downloads: 10 million plusRating: 4.4Reviews: 388,000Opay, Opera’s Africa fintech startup officially launched its mobile money platform in 2018. Kuda:Downloads: 5 million plusRating: 4.4Reviews: 247,000Users of the Kuda app will enjoy cashless payment options and can earn interest on savings. Paga:Downloads: 1 million plusRating: 4.2Reviews: 15,200Paga, a mobile money solution offers users services like transfers, bill payments, top-ups, and even remittance services.

Source: The North Africa Journal August 10, 2023 19:21 UTC