Tayo Oviosu, CEO of Paga, a mobile financial services company based out of Nigeria, has been recognized at the Africa Awards for Entrepreneurship for Outstanding Growing Business on November 6, in Marrakech, Morocco. Leading the charge in creating intuitive financial services for the underbanked, Oviosu has created an ecosystem that supports customers in making important financial transactions through one of the most ubiquitous tools available on the continent: the mobile phone.
Said Oviosu, “There is no greater honor than to be recognized by other Africans looking to inspire social and economic change through the channel of entrepreneurship. Being chosen amidst so many other well deserving companies is yet another testament of the contribution Paga is already making and will continue to make towards the development of Nigeria and the prosperity of Africa.”
The company, which recently secured $13 million in Series B financing remains focused on continuing its rapid expansion across Nigeria. With over 8,900 agents across the country, Paga now has a significant base for its banking partners to leverage. The company also has over 3,800 businesses using its services to accept and make payments and over 3.8 million users on the platform.