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Paga to Launch Cloud Payroll Business as Users Hit 10 million

By Modupe Gbadeyanka

Foremost mobile payment platform in Nigeria, Paga, has recorded a total number of 10 million users on its platform.

This information was revealed last Tuesday by the Managing Director of the company, Mr Tayo Oviosu,

“Paga just hit 10 million users. Thank you to all who use Paga and place their trust in us,” Mr Oviosu declared via his verified Twitter page.

Meanwhile, Mr Oviosu said plans were underway to launch a cloud payroll business very soon.

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“Paga is squarely tackling mobile payments and banking the unbanked/underbanked, and our sister company, a cloud payroll business, is launching soon!” he said.

Continuing, the entrepreneur said, “We set out on this journey to make it simple for people to access and use money. Our motivation is simple — we want to make life possible for everyone.

“In life, no matter what you do, you need to exchange value with other people. You also need to be able to access finance in a simple and efficient manner to achieve your dreams.

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“This is why our focus is to build an ecosystem that enables people to digitally send and receive money, and access financial services.”

In addition, he said, “We take a long view with respect to the Paga journey, and Nigeria is just the beginning. We will continue to invest in our business in Nigeria and grow our services, offerings, and partnerships.

“We will deepen our partnerships with Banks and other financial service providers to offer simple digital financial services to all Nigerians.

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“We will also take Paga to other countries where the problems we seek to solve exist and where we have the capability to execute. We are excited to solve problems that exist for over two billion people in the world today.

“We are humbled by the impact of the work we do and are committed to working hard to make it simple for you to access and use money!”

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Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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