Nigerian mobile money start-up, Paga has hit another milestone of 10 million unique users just after it announced 9 million users 2 months ago. The start-up also announced another cloud payroll business that will be launching soon.
Started in 2012 by Tayo Oviosu, with an aim to take advantage of the cash build-up in the Nigeria’s system and to create a means whereby financial services are available to all. It works across several platforms including online and via SMS.
.@mypaga just hit 10 million users!! Thank you to all who use Paga and place their trust in us! #makinglifepossible #JustPagait https://t.co/SkWyK2pH7n
— Tayo Oviosu (@oviosu) October 27, 2018
“Today, Paga is squarely tackling mobile payments and banking the unbanked/underbanked, and our sister company, a cloud payroll business, is launching soon… We set out on this journey to make it simple for people to access and use money. Our motivation is simple — we want to make life possible for everyone.” Tayo Oviosu said in a statement.
See Also: TechPreneur Of The Week: The Inspiring Journey Of Paga Founder, Tayo Oviosu
Paga has created over 10,000 jobs through its 17,000 agents who hire staff to run their stores since it commenced operations in six years.
“Achieving our ambition is not easy but it is truly humbling when you hear stories of how Paga has impacted the lives of people”
“We will continue to invest in our business in Nigeria and grow our services, offerings, and partnerships. We will deepen our partnerships with Banks and other financial service providers to offer simple digital financial services to all Nigerians.” Tayo concluded.
More Tech Stories:
- Econet, Cassava Smartech Launches Ride Hailing Service, Vaya in Zimbabwe
- IBM to Acquire Software Firm, Red Hat in Deal Worth $34 billion
- Mastercard Partners M-KOPA Solar to Launch QR Payment Technology in Uganda
- Google Fires Over 50 Staff Over Sexual Harassment
- Apple Releases macOS Mojave 10.14.1 – Here is Everything You Need to Know About the Latest OS
