Paga Digital payments company processed 9.5 million transactions in 2016

Those transactions are worth N156 billion and the payments company also hit 100% year-on-year growth on transaction values.

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Paga is a Nigerian mobile payment platform play

Paga is a Nigerian mobile payment platform

(techloy)
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2016 was the year of fintech (in Nigeria, at least) and the story of the year in tech cannot be told without the successes of Paystack, Flutterwave, Paga, and others.

Tayo Oviosu, Founder and CEO of Paga, further emphasised this point when he announced, via Twitter, that Paga processed 9.5 million transactions in 2016.

Those transactions are worth N156 billion, he said, and the payments company also hit 100% year-on-year growth on transaction values. Fantastic stuff, if you ask me.

Paga founder and CEO, Tayo Oviosu play

Paga founder and CEO, Tayo Oviosu

(techcabal)

 

ALSO READ: Payments platform now has 5 million users

That metric sums up a great year for Paga. In 2016, the company hit $1 billion worth of transactions, launched a new payment solution for MSMEs, and hit the 5 million users mark.

Paga hits 5 million users play

Paga hits 5 million users

(twitter)

 

Oviosu did not attach any plans for 2017 to the announcement, but Pulse Tech will be watching the now-established payments company closely.

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