Paga one of the foremost mobile payment platforms hits 5 millions of a recent had ann4 ounced that it has reached another big milestone in the young company that is worth announcing to the world. In his post through Medium, the CEO announced that paga in its 4-year journey stepping on PayPal shoes in Nigeria has reached a whopping 5 million users. This is coming in a country, where people, even tech savvy people still preferred paying using cash by depositing to a bank after that cash accessed the service being paid for.
In the word of Paga CEO Tayo Oviosu, had this to say ‘Our team of ~200 has achieved so much because each person has been dedicated to the mission and a desire to build something bigger than all of us. To build a company that will have a lasting impact on Nigeria and be around 200+ years in some shape or form. Everyday I feel privileged working with such a great team and with great investors who you know really care about the team
“The anchor of our business is our shared agent network — women and men who are entrepreneurs across Nigeria.”
That is the power of a dedicated team, making everyone feel his or her impact on a company is one of the attributes every CEO who wants to be successful needs to have.
That is not all, Tayo Oviosu made us understand also, which I can also call another milestone for the payment platform is that since the inception of Paga right from 2012 till day, the company had able to transact $1Billion dollars for its 5 million customers. In within a year alone, Paga was able to manage about US$800m transactions.
In the 5 million registered users, what we have not been able to confirm is the real number of active users. In the comment box, you can tell us if you are a registered user at Paga, and also if you do have a course to use Paga once in a month. An active user of an online product or service is a person who will have a course or a need of using that certain service at least one in a month