OPay committed to real transformation

A financial technology company in Nigeria, OPay has disclosed plan to shift focus from using data and technology from enabling transactions to enabling real transformation. The firm’s COO/CTO, Dotun Adekunle, stated this during his keynote presentation titled “Payments are solved. The next frontier is different,” at the inaugural BusinessDay Fintech Summit. At the summit, themed […]

A financial technology company in Nigeria, OPay has disclosed plan to shift focus from using data and technology from enabling transactions to enabling real transformation.
The firm’s COO/CTO, Dotun Adekunle, stated this during his keynote presentation titled “Payments are solved. The next frontier is different,” at the inaugural BusinessDay Fintech Summit.
At the summit, themed “The Next Financial Frontier: Intelligence, Infrastructure & Inclusion in Africa’s Digital Money Economy,” with OPay’s as its headline sponsor brought together key players across the financial ecosystem.
The CTO challenged the industry to move beyond payment services and focus on building smarter financial systems that truly improve people’s lives.
He emphasised that while access to payments has improved across Africa, the real opportunity now lies in using data, intelligence, and strong infrastructure to drive financial progress for users.
He highlighted the need for fintech companies to shift focus from transaction volumes to measurable impact, such as financial health, user empowerment, and long-term value creation.
“Payments are no longer the problem we need to solve. The real opportunity now is building intelligent systems that understand users, support better decisions, and improve financial outcomes.
“At OPay, we are focused on using data and technology to move from enabling transactions to enabling real transformation,” he said.
The firm’s Head of IT Business Support and Operations, Ibukun Oluwagbenga, participated in a high-level panel session on “Intelligent Finance: How AI, Data and Automation are rewriting Financial Services.”

He shared insights on how the firm is leveraging data, automation, and advanced technologies to improve service delivery, strengthen fraud prevention, and create more personalised financial experiences and smart solutions for customers and businesses.