Nigeria’s fast-growing financial technology company, OPay, has recorded another major milestone after winning two top recognitions at the ninth Tech Innovation Awards. The company was named Fintech Company of the Year and Best Fintech in Cybersecurity, reaffirming its position as one of the leading digital financial service providers in the country.
According to a statement released by OPay on Thursday, the awards were presented during the 2025 edition of the event, which took place on 29 November in Lagos. The Tech Innovation Awards, now in its ninth year, brings together major organisations, innovators, and technology leaders who are shaping Nigeria’s digital and financial ecosystem. The event is known for celebrating excellence, innovation, and industry leadership across different sectors.
OPay said the recognition was an acknowledgment of its continuous investment in technology, operational improvements, and strong security systems that protect millions of users across Nigeria. The company emphasised that its achievements were the result of long-term dedication to safe digital payments, financial inclusion, and user protection.
Speaking after receiving the awards, the Chief Compliance Officer at OPay, Chukwudinma Okafor, said the honour was a major encouragement to the entire team. He noted that the company remains focused on developing secure financial solutions that give Nigerians confidence when making transactions.
“These awards are a testament to our relentless pursuit of excellence in fintech and our unwavering commitment to user security,” Okafor said. “Every innovation we introduce—from secure payment tools to advanced compliance processes—is designed to give millions of Nigerians the confidence to transact safely. This recognition belongs as much to our dedicated team as it does to the users who inspire us to continually raise the bar for excellence in fintech and cybersecurity.”
Also speaking at the ceremony, OPay’s Chief Commercial Officer, Elizabeth Wang, praised the organisers of the Tech Innovation Awards for recognising the company’s effort in strengthening cybersecurity and promoting responsible financial behaviour among customers. She said the dual awards confirmed OPay’s leadership role in the Nigerian fintech sector.
“We are incredibly proud to receive both Fintech Company of the Year and Best Fintech in Cybersecurity at the 9th Tech Innovation Awards, two recognitions that highlight our dedication to security and user protection,” Wang said.
She explained that OPay’s commitment to security goes beyond technology. According to her, the company is also investing in user education to help customers understand how best to protect their accounts and avoid digital fraud.
Wang highlighted the OPay Security Vote Campaign, a social media initiative launched earlier in the year to teach Nigerians about the platform’s in-app security features. The campaign used videos, live sessions, and interactive posts to guide customers on enabling additional protection layers such as PIN security, biometric login, and real-time transaction alerts. She said the campaign reached millions of users and helped many Nigerians understand how to keep their accounts safe.
“The campaign has helped millions of Nigerians understand how to protect their accounts and transact safely, reinforcing that security is central to everything we do. These awards recognise not only our leadership in fintech but also our commitment to keeping every transaction secure and ensuring customers remain confident in their financial journey,” Wang added.
OPay, founded in 2018, has grown to become one of Nigeria’s most widely used digital financial institutions. It provides several services, including money transfers, bill payments, merchant payments, airtime and data purchases, and card services. The company is known for its fast network and reliable transaction system, which supports both urban and rural users.
The fintech company is licensed by the Central Bank of Nigeria (CBN) and insured by the Nigerian Deposit Insurance Corporation (NDIC), with the same insurance protection enjoyed by customers of commercial banks. This gives users additional assurance that their funds are safe.
Over the years, OPay has continued to expand its operations, improve its technology infrastructure, and strengthen its fraud-prevention systems. The latest awards further position the company as a trusted financial partner for individuals, businesses, and merchants in Nigeria’s growing digital economy.
As Nigeria’s fintech sector becomes more competitive and more people adopt digital financial services, industry observers say recognitions like these will continue to motivate innovation, strengthen consumer trust, and push companies to raise security standards.
