OPay – Company Information & Legitimacy Check
Who is behind OPay, who owns it, and how to verify the lender is safe before you borrow in Nigeria.
OPay – company overview
OPay is one of Nigeria's largest fintech platforms, operated by OPay Digital Services Limited. It offers mobile money, payments, transfers and short-term loans to millions of users across Nigeria through the OPay app.
Is OPay the same as Paycom? Which bank is Paycom in Nigeria?
Yes – OPay was originally launched in Nigeria under the name Paycom, which is why many people still search for "Paycom" when they mean OPay. Paycom is not a separate commercial bank; it is the former brand name of OPay. OPay itself is a fintech that operates under a Central Bank of Nigeria (CBN) approved mobile-money and payment licence rather than as a traditional deposit bank.
Is OPay safe and legit?
OPay is a CBN-licensed mobile money operator and one of the most widely used financial apps in Nigeria. As with any lender, only download the official OPay app, never pay "processing fees" to unofficial agents, and verify any loan offer inside the app. You can cross-check licensed operators on the CBN and FCCPC registers.
Is OPay legit and safe?
OPay is operated by OPay Digital Services Limited, registered at Lagos, Nigeria. As a digital lender it typically operates under a Central Bank of Nigeria (CBN) approval or in partnership with a licensed microfinance bank, and is expected to appear on the FCCPC digital-lenders register. Before applying, always confirm the lender on the official CBN and FCCPC lists and apply only through the official website www.opay.com to avoid loan-app scams and clones.
Who owns OPay?
OPay is owned and operated by OPay Digital Services Limited. You can review the full loan terms, interest rates and reviews on the OPay loan page.
Company information
| Brand | OPay |
|---|---|
| Operated by | OPay Digital Services Limited |
| Address | Lagos, Nigeria |
| Loan amount | ₦3K – ₦50K |
| Interest from | 36.50% / month |
| Official website | https://www.opay.com |