OPay Limited processed $358 billion in gross transaction value (GTV) in 2025, more than double the $166.2 billion recorded a year earlier, as the Nigerian fintech improves its growth ahead of a potential US initial public offering (IPO).
The represent a 115 percent increase in transaction value between 2024 and 2025. The growth was accompanied by a significant expansion in OPay’s customer base and lending operations.
OPay’s monthly active users rose 57 percent to 39.3 million in 2025, from 25.1 million in 2024.
Daily active users also increased 50 percent to 22.7 million in the fourth quarter of 2025, giving the platform a daily-to-monthly active user ratio of 57.8 percent.
The fintech’s lending business recorded even stronger growth. New loans originated increased 285 percent, from $243.9 million in 2024 to $938.3 million in 2025, while quarterly unique borrowers in Nigeria rose 119 percent to 4.6 million.
