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Mobile Money
4.5/5.0

Paga Review

Paga is a mobile payment company that allows users to send and receive money, pay bills, and buy airtime even without a smartphone, thanks to its massive agent network.

Tunde "Gadget" Bakare
Tunde "Gadget" Bakare
Fintech AnalystFebruary 4, 2026
Paga workspace

Key Information

Founded
2009
Headquarters
Lagos, Nigeria
Valuation
Private
Regulatory Reach
Nigeria, Ethiopia, Mexico
License Type
CBN Mobile Money Operator (MMO)
API Access
Available

What We Like

  • Largest agent network for cash-in/cash-out
  • Works without internet (USSD focus)
  • Trusted for over a decade
  • Great for financial inclusion

Areas for Improvement

  • App interface is functional but basic
  • Facing stiff competition from OPay/PalmPay

The Expert Verdict

"Paga remains the king of the "last mile," bringing financial services to the unbanked across Nigeria."

Key Products

1
Paga App
2
Agent Banking
3
Paga Collect
4
Checkout

Compare Fintechs

See how Paga stacks up against other Nigerian fintech giants.

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