OAPay Expands Across Africa, Revolutionizing Cross-Border Payments
OAPay, a fintech licensed in both the UK and the US, has expanded its footprint into Kenya, Ghana, Nigeria, Uganda, and Tanzania, aiming to tap into the thriving cross-border payments market fueled by substantial diaspora remittances.
By leveraging digital infrastructure, OAPay is positioning itself alongside other African-founded remittance startups to challenge traditional players like MoneyGram and Western Union, offering faster transactions and lower fees.
“Our mission is to provide the best money transfer services, helping our valued members support their loved ones back home while achieving economic success in our designated countries of operation,” said Tracey Abiola, OAPay’s Founder and CEO. The company takes pride in being an Africa-first, community-driven remittance service, providing competitive exchange rates and real-time transfer alerts—without hidden fees or commissions.
With remittances accounting for over 5% of GDP in more than 15 African countries, governments are increasingly focused on enhancing forex inflows while addressing the high costs associated with money transfers. The fintech sector’s continuous innovation fosters competition, enabling platforms like OAPay to refine the remittance experience and lower transaction costs.
OAPay is built on the belief that money should be freely accessible—users can send and receive their hard-earned funds without additional charges. Beyond facilitating seamless transactions, OAPay is committed to social impact. The company supports local African communities by funding hospitals and NGOs to promote safe childbirth. Additionally, its initiatives across Africa focus on empowering women through education and resources, fostering economic growth and strengthening communities.
Through its innovative approach and dedication to financial inclusivity, OAPay is redefining remittances, ensuring that more money reaches families while making a meaningful impact on local economies.
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