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Saturday, August 27, 2016

Paga Hits 5 Million Users Landmark; Paga Online Payment Platform Stays No 1 In Nigeria

The "cashless Nigeria" has been trending for a while now - with people preferring mobile banking and webpay platforms.
Each bank has its own mobile banking app, while webpay apps like Quickteller, Zoto etc are also in the mix.
However, webpay app Paga remains arguably the leading mobile payments company in
Nigeria and they have hit the 5-million users landmark!!!


According to the rather interesting Medium post by its co-founder, Tayo Oviosu via TechCabal, the company processed about US$1bn transactions within 42 months (From 2012 – June 2015) and US$800m within one year! (July 2015-July 2016). (MIND BLOWING STUFF!!!).
Quoting co-founder, and CEO of Paga – Tayo Oviosu on the milestone development: 
"Our team of ~200 has achieved so much because each person has been dedicated to the mission and a desire to build something bigger than all of us. To build a company that will have a lasting impact on Nigeria and be around 200+ years in some shape or form. Everyday I feel privileged working with such a great team and with great investors who you know really care about the team.
“The anchor of our business is our shared agent network — women and men who are entrepreneurs across Nigeria.”

This is awesome!!
Go PAGA go!

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