Sujan M.

If you’re a Product Manager or builder trying to break into the  fintech space, Here’s a quick explainer on Mobile Money Operators you should check out 🚨 Mobile money has been one of the biggest enablers of financial inclusion across Africa and here in Nigeria. It often gets confused with banks when in reality, MMOs operate and play by a very different set of rules. To clear it up, I put together a carousel that breaks down: 📍 Who exactly Mobile Money Operators (MMOs) are 📍 The different models that exist in Nigeria 📍 What they can legally do and what’s completely off-limits 📍 Some key players you should know Swipe through, and for extra context, here’s the official list of MMOs currently registered under the NDIC in Nigeria: https://lnkd.in/dZYGT2U9 Save this post or repost for someone who might need it 🌟

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⭐ How OPay has distinguished itself in Nigeria’s #Fintech market In Nigeria’s crowded fintech sector, OPay has emerged not just as another payments platform but as a trusted everyday financial companion. While many startups focus on #funding rounds and growth numbers, OPay’s reputation has been built on three pillars: user experience, trust, and credibility. 1. User Experience  From the start, OPay invested in making its app very easy to use for all its users, from tech gurus to market women. The user interface is simple, transactions are quick, and all its services, from airtime to utility bills, are consolidated in one place. By reducing friction, OPay made itself the “go-to” wallet for everyday transactions. 2. Building Trust In a country where #digital fraud is a real concern, trust can make or break a fintech. OPay has emphasized security, transparency, and reliability. Consistent transaction success rates and quick dispute resolution gave users confidence that their money was safe. For many, OPay has become the platform they could recommend to family and friends without hesitation. (I remember one time I wanted to send 10k to someone and I wanted to avoid the #50 levy, so I decided to send 5k twice 😂 . Then Opay sent me a duplicate transfer warning, indicating that I was about to repeat the same transaction I just made. And I was so amazed at the intentionality it requires to include such a feature.) 3. Credibility Beyond user trust, credibility comes from backing and execution. OPay’s ability to scale to millions of users, combined with strong investor support and strategic partnerships, has reinforced its legitimacy. When users see a platform not only survive but thrive in Nigeria’s tough business environment, it increases credibility. (Even though some millennials are still of the opinion that Opay will ‘swallow’ their money 🫠 ) ✍ The Lesson for #Fintech Brands Fintech isn’t only about transactions, it’s about trust. Companies that simplify user experience, protect customer confidence, and prove their credibility through consistent delivery will stand out. OPay’s journey is a case study in how to move from being just an app on a phone to becoming a trusted financial service provider.  #Fintech #ContentWriting #FinancialInclusion ---------------------------------------------------------------------------- I'm Praise Akinyemi and this is part of a series I’m writing on how fintech brands stand out by building trust and delivering real value. As I continue to share insights on what drives user adoption and loyalty, I’m also open to collaborating with fintech teams looking to strengthen their content strategy. If you’re in fintech, I’d love to hear how your company is building credibility with customers.

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