Paga is promoting financial inclusion across Nigeria as the country’s largest multichannel mobile money operator.
ABOUT PAGA
Paga’s platform enables individual consumers to send and receive money transfers and empowers businesses to process payments. In addition to its easy-to-use mobile wallet platform, Paga has built the country’s widest physical financial services distribution network (2.5x that of Nigeria’s 23 banks combined) by training and deploying 18K+ agents across convenient service points in all 36 states in Nigeria.
Paga currently facilitates $160M in payments across 3M transactions each month, and its transaction volume has grown at a 5-year CAGR of 97%. Tackling a $380B market opportunity, it aims to generate $101.2M by 2021.
Current Company: Paga
Industry: Financial Services
Location: Nigeria
ISP Selected: 84th ISP (Cape Town – December 2018)