Paga has announced that it has closed a $10 million growth financing led by the Global Innovation Fund.Also participating in the round were existing investors Goodwell (managed by Alitheia Capital), Adlevo Capital, Omidyar Network and Unreasonable Capital.

Paga, a mobile money company in Nigeria, said it has closed a $10 million growth financing deal, led by the Global Innovation Fund, with existing investors like Goodwell (managed by Alitheia Capital), Adlevo Capital, Omidyar Network and Unreasonable Capital, participating.

Paga, Nigeria’s leading mobile money company is making it even easier to send and receive money for all Nigerians with launch of money transfer app.

Remittances and payment providers can make a change throughout Africa. Companies like Paga, M-Pesa, Payoneer, and Remitly, among dozen others companies, are trying to make transfer of funds to Africa cheaper than ever before. In 2017, the global remittances reached a record high and the average cost of remittances were still more than 7%. That’s…

Nigeria’s digital financial services provider- Paga, has joined a unique alliance of over 50 Fintech investors and digital finance innovators, who also gathered at Amsterdam, to launch investor guidelines aimed at spreading the benefits of the Fintech revolution more widely.

Paga has been presented an award by the Nigeria Inter-Bank Settlement Systems Plc (NIBBS) for the mobile money operator’s outstanding performance in achieving the highest transaction count on the Global Mobile Regulatory & Monitoring Platform in 2017, and named Top Mobile Money Operator, for the third year in a row.

For the third year in a row, Paga has been presented an award by the Nigeria Inter-Bank Settlement Systems Plc (NIBBS) for the mobile money operator’s outstanding performance in achieving the highest transaction count on the Global Mobile Regulatory & Monitoring Platform in 2017, and named Top Mobile Money Operator. The Chief Executive Officer, Paga,…

Paga is celebrating its ninth anniversary as Nigeria’s first and leading mobile money company, founded by its Chief Executive Officer, Tayo Oviosu.Paga have provided easy means for simple mobile money transfers, bill payments and provision of financial services to over eight million....

The Central Bank of Nigeria (CBN), Deposit Money Banks (DMB), and licensed Mobile Money Operators (MMOs) and Super Agents have reached agreement to fund an initiative-Shared Agent Network Expansion (SANE).

Payments and Digital Financial Services Company, Paga, is now certified by the Payment Card Industry Security Standards Council as (PCIDSS) level one compliant.

Payments and Digital Financial Services Company, Paga, is now certified by the Payment Card Industry Security Standards Council as (PCIDSS) level one compliant. This means that Paga’s platform has been put through series of rigorous tests and proven to meet global security standards as defined by the PCI security standard council, which consists of credit…

When Tayo Oviosu started Paga in 2009, there were three gnawing personal motivations: he was frustrated with moving large sums of money around, the inconvenience and security risks were too real to ignore, and the intermittent card services could be bothersome especially when funds were needed urgently.