OPay debunks offering lending services

OPay digital services limited has debunked requesting interested and unsuspecting loan seekers to apply for loans via the OPay app as reported in social media blogs.

The digital service provider explicitly stated that it does not offer loans or provide any lending service to consumers.

According to the firm, it is a digital financial institution with numerous services such as free transfers, utility, and bill payments, debit cards, and rewards on transactions.


“OPay digital services limited is a leading mobile money operator platform in Nigeria that allows Nigerians to perform transactions that meet their daily needs.

“The app allows users to conveniently make payments for goods and services. OPay is the preferred platform for payments for Consumers and SMEs in Nigeria today due to our reliability, fast transactions and safe payments.

The digital services provider noted that it is a regulatory compliant institution that is fully licensed by the Central Bank of Nigeria (CBN) and remains committed to providing bespoke relevant financial services to the different market segments, financial inclusion and shared prosperity in Nigeria.

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