Tayo Oviosu Leads Paga into Global Fintech Space

For more than a decade, Tayo Oviosu, Founder and Chief Executive Officer of Paga Group, has been at the forefront of building financial infrastructure that millions of Nigerians rely on daily. In 2025, that long-term vision entered a decisive new phase as Paga extended its services beyond Nigeria, positioning itself as a critical financial bridge between Africa and the global economy.

Founded in 2009, Paga has evolved from a consumer-focused payments app into one of Nigeria’s most resilient fintech institutions. Under Oviosu’s leadership, the company deliberately transitioned from a single-product platform into a diversified ecosystem designed to serve individuals, businesses, and technology innovators.

Today, Paga Group operates across three core layers: Paga, its consumer payments platform; Doroki, which provides tools for merchants and small businesses; and Paga Engine, the infrastructure layer that powers payments for other technology companies.

The strategic thrust of 2025 was clear—extend African financial rails into markets where global commerce and diaspora finance intersect. The most significant step in that direction was Paga Group’s entry into the United States, where it launched regulated digital banking services tailored to Nigerians living abroad. Through this offering, users can open and manage U.S. bank accounts, access debit cards, and transfer funds seamlessly across borders, strengthening financial inclusion for diaspora communities while deepening cross-border connectivity.

This expansion has elevated Paga’s role from a national payments provider to a transcontinental financial platform. It also underscores Oviosu’s long-held belief that African fintech companies can compete globally by building strong, compliant, and scalable infrastructure rather than relying solely on rapid consumer acquisition.

Within Nigeria, Paga’s footprint continues to grow. The platform now serves more than 23 million users and processes over $1 billion in transaction value every month. Beyond direct consumer impact, Paga Engine has become a foundational layer within the local fintech ecosystem, enabling startups and established technology firms to build payment solutions on Paga’s rails.

This infrastructural relevance has driven sustained growth and recognition. For three consecutive years, Paga Group has been named one of Africa’s fastest-growing companies by the Financial Times and Statista, a distinction that reflects its durability, scale, and ecosystem-wide impact.

By the end of 2025, Oviosu had transformed Paga’s longevity into strategic leverage. The company now stands as a platform capable of carrying African money systems into the global economy—linking local markets with international financial networks and redefining how African fintech scales.

As Africa’s technology ecosystem matures, Paga’s journey illustrates a shift away from short-term momentum toward long-term institution building. In a sector often measured by speed, Paga’s story is increasingly defined by endurance—and by infrastructure designed to last.

Tayo Oviosu leads Paga into a new global phase in 2025, expanding Nigerian fintech infrastructure into the U.S. and strengthening cross-border financial services for the diaspora.