Opay: The $2 Billion Company That Owns Nigeria

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  • Опубликовано: 15 янв 2025

Комментарии • 320

  • @justbaggish
    @justbaggish Год назад +65

    My own is when will the electricity sector get their own disruption? That is the most needed one imho

    • @realjudebela
      @realjudebela  Год назад +5

      Agreed!

    • @GodwinNwankwo-ir6np
      @GodwinNwankwo-ir6np 11 месяцев назад +1

      cmy thoughts last August!!! ❤❤❤❤

    • @axk745
      @axk745 11 месяцев назад +8

      OPower

    • @waleidris-giwa3298
      @waleidris-giwa3298 11 месяцев назад +2

      What's giving them their current holiday is because of the nature of the electricity infrastructure. If power were to be like telephone that can be Mobile, the Ekedc, Ikedc, eedc etc. Would have known what hit them.

    • @chieduegwim8728
      @chieduegwim8728 11 месяцев назад +2

      this is and still remains the golden question... Nothing is impossible.

  • @DarkyBarry
    @DarkyBarry Год назад +73

    Opay is here to stay. I pray it gets bigger and stronger

    • @bolu101
      @bolu101 11 месяцев назад

      Nigerians are Nigeria's problem

    • @doctimothy
      @doctimothy 11 месяцев назад

      It will.

  • @Timiben_O
    @Timiben_O Год назад +24

    I remember when a first bank banker sent me money using opay, i was like na so you dey do here

  • @dots560
    @dots560 8 месяцев назад +10

    Chairman, your storytelling is something else. Got yourself a new fan.

    • @chidiebereofodu4296
      @chidiebereofodu4296 7 месяцев назад +1

      This was how I was last year and Jude Bela is very consistent and you would love all of his content

  • @OlufunshiAyo
    @OlufunshiAyo 10 месяцев назад +18

    The bigger question is why is OPAY OWNED BY A CHINESE BILLIONAIRE? There are no investors in Nigeria that can own it? This is the new form of neo-colonism.

    • @imrandamss2385
      @imrandamss2385 9 месяцев назад

      When a black man is wicker and corrupted,he can sell over his family for money.

    • @DeEmperor1
      @DeEmperor1 6 месяцев назад +3

      Lies. No foreign company in Nigeria is owned 100% by foreigners. Back in the 70s, Nigerian govt made a law that foreign companies must be co-owned by Nigerians in the established of their business.

    • @OlufunshiAyo
      @OlufunshiAyo 6 месяцев назад

      @@DeEmperor1 even if it is 50 percent owned...dummy

    • @DeEmperor1
      @DeEmperor1 6 месяцев назад +6

      @@OlufunshiAyo You're the dummy for not knowing that no country can survive without foreign investments.

  • @YoungstarNce
    @YoungstarNce Год назад +10

    Nigerian commercial banks will cut all you money from nonsense charges

  • @longjidalu3845
    @longjidalu3845 Год назад +7

    Brilliant analysisl from Jude as usual. You have just made me want to open an OPay account already.

  • @ebenezerojo1819
    @ebenezerojo1819 Год назад +21

    Issue raised in this video has been fixed , now Opay uses face ID and NiN or BVN ... The face has to be same with the one in the bvn

  • @chukwumaubanesse6605
    @chukwumaubanesse6605 Год назад +27

    I think opay needs to limit tier 1 accounts even more in order to make customers do the needful verifications that will limit fraudulent activities. Im a big fan of opay they have made banking in Nigeria to be less stressful unlike traditional commercial and microfinance banks which has made banking way frustrating

  • @user-hu7ej3ml5p
    @user-hu7ej3ml5p Год назад +6

    I really appreciate them so much.

  • @bukton10
    @bukton10 Год назад +25

    Opera - the owners of Opay- is owned by Chinese consortium. The rest is history.😊

  • @hayne_sly
    @hayne_sly 11 месяцев назад +10

    The Opay birthed a revolution in the financial sector by decentralizing financial services and bringing same to the unbanked and underbanked.
    Do you know that Opay does not deduct #50 for Stamp Duty unlike other commercial banks?
    Opay network is always fast and reliable. Opay was there for everyone when most commercial banks network crashed during the Cash Redesign Policy integration.
    Opay does not charge transactions fee unnecessarily. If at all, you can pay easily with cashbacks.
    Nigerians deserve the same revolution in other Sectors, hopefully soon enough in the electricity industry.

    • @olumorotiakinsiku3961
      @olumorotiakinsiku3961 3 месяца назад +1

      Opay even gave the banked population an alternative to epileptic services offered by the traditional banks . Its has come to stay.

  • @rickmarshall5419
    @rickmarshall5419 8 месяцев назад +7

    Nigeria news is the most entertaining, yet sad, thing ever.

  • @olukayodemakinde1714
    @olukayodemakinde1714 7 месяцев назад +3

    Opay is a very welcome development because it demystified banking as we used to know and made it very easy for users. Every category of the society is catered for instead of the rigid and exploitative structure of the old banks. Please let's support them to get better and better. It's similar to what MPESA of Kenya contributed to their economy, which brought banking services to the simplest phone be it rural or urban.

  • @jnaddims1354
    @jnaddims1354 Год назад +48

    Opay emerged due to the failure of the traditional banking system of the country, and let me remind you that it's only d beginning, very soon all d big banking institutions will have to succumb or be relegated.
    It's a promise!!!

    • @realjudebela
      @realjudebela  Год назад +9

      It's happening already.

    • @BrethrenInChristJesus
      @BrethrenInChristJesus Год назад

      No ,The owners of Opay and the likes conspired with government to cause the traditional bank crises, to sell themselves as the better option.

    • @elshaddaiadonai8528
      @elshaddaiadonai8528 Год назад

      ​@@realjudebelaGreat contents. Keep it up.
      Plz What's the name of the Camera You are using for Recording your Videos ?

    • @aokaparagit
      @aokaparagit 5 месяцев назад

      That's if the govt allows it to explode to that level.

  • @aweoluwaseun868
    @aweoluwaseun868 Год назад +11

    Nice documentary, I was thinking you’ll get into what makes their transfer really fast. That was what prompted me from opening an account.

  • @Gawazystormzy
    @Gawazystormzy 5 месяцев назад +1

    I soo much enjoy your documentary, please keep doing what you do

  • @officebusiness5587
    @officebusiness5587 6 месяцев назад +1

    This guy can rule Nigeria he got the keys to open the door of reality

  • @Danjayseduction
    @Danjayseduction Год назад +5

    Great Job Jude

  • @lumisage
    @lumisage 9 месяцев назад +1

    Good video!

  • @fairness3840
    @fairness3840 11 месяцев назад +1

    I love your presentation
    your research was deep
    i am proud of you

  • @mrikeict
    @mrikeict Год назад +11

    Can someone tell me why this guy's subscription base isn't growing fast... Great content but why has the channel not blown yet...? Hmmm. Why?!!

    • @elchapo2944
      @elchapo2944 Год назад +2

      It will share to other

    • @kayo9492
      @kayo9492 11 месяцев назад

      majority favor comedy over educative content in nigeria@@elchapo2944

  • @robertmokz
    @robertmokz Год назад +14

    Excellent analytical insight as ever.., please sustain the drive.

  • @lukmanalih668
    @lukmanalih668 Год назад +7

    Opay saved lives
    It's working like a miracle

  • @godstimeosamwonyi4488
    @godstimeosamwonyi4488 Год назад +26

    My only concern about Opay is Nigerians information security…….. I think the government needs to carry out checks and make sure there are no back doors for information theft, Indian did Same recently and closed lot of Chinese tech companies stealing it’s citizens information

    • @hamorazy
      @hamorazy Год назад

      Getting an investment of over 500 million usd from China definitely come at a cost, which is your data, chinese government has been involved in data harvesting for a while now, they did it with Tiktok, Huawei, and many other companies they invest in.
      Trust me, nothing can actually be done to stop this, The US government tried to ban TikTok but wasn't successful at doing so.

    • @bolu101
      @bolu101 11 месяцев назад

      Exactly!!!

    • @smallqwaro
      @smallqwaro 6 месяцев назад

      Fr, I don't trust all those faceScans

  • @bello_the_blogger5593
    @bello_the_blogger5593 Год назад +10

    This guy is the MagnatesMedia of Nigeria😹.. nice

    • @Joshuaodafe
      @Joshuaodafe 6 месяцев назад +1

      I wanted to say this. He uses the same style and methods

    • @smallqwaro
      @smallqwaro 6 месяцев назад +1

      Bro is the all of them, johnny harris, jake tran etc

    • @Holywhisper-d3c
      @Holywhisper-d3c 5 месяцев назад

      Very true
      He is so good

  • @mr.abubakarsanusi
    @mr.abubakarsanusi Год назад +4

    Welcome back JUDE!!!!!!!

  • @olohialli9289
    @olohialli9289 11 месяцев назад +5

    I was hoping you would answer the question posed at the beginning of the video. How come when the banks don't have network, Opay somehow alwyas has and is always very fast?

    • @autumnmerch
      @autumnmerch 5 месяцев назад +1

      Because it is run by Chinese tech infrastructure

  • @bisoyeoni
    @bisoyeoni 11 месяцев назад +1

    Well Done Jude, your videos, presentation style and background music is good. Keep it up

  • @raymondcalitri624
    @raymondcalitri624 Год назад +6

    This video won't stop me from using my dear Opay

  • @daviddokubo3448
    @daviddokubo3448 Год назад +1

    Wow. My people love plenty talk sha

  • @amanzeanuonye5850
    @amanzeanuonye5850 Год назад +1

    Nice compilation.

  • @wedonblowtv8092
    @wedonblowtv8092 Год назад

    THANK YOU JUDE

  • @nwakubastan
    @nwakubastan Год назад +9

    No more electronic transfer levy... I pushed all my savings to Opay.

    • @Luckibebstores
      @Luckibebstores 8 месяцев назад

      Remove all your money with Opay immediately is freezing people funds saying is crypto money with no evidence

  • @hilaryokoh
    @hilaryokoh Год назад +1

    Great work, +1 subscriber

  • @jeffreyjeffery4712
    @jeffreyjeffery4712 Год назад +4

    PalmPay is my favorite 😊

    • @doublealphadot
      @doublealphadot Год назад

      Same here. People are sleeping on them. I use practically all digital banks but palmpay is on another level honestly.

    • @Gamingbolt7
      @Gamingbolt7 10 месяцев назад

      What about renmoney and fairmoney. Saving with them gives almost 1k daily on interest doing nothing

  • @silvershoe
    @silvershoe 11 месяцев назад

    This is insightful and very well articulated. The video editing, too is great. You just gained a subscriber. 😊

  • @daveheroic
    @daveheroic Год назад +2

    Thanks for this Mr Jude

  • @sundayadebayo8901
    @sundayadebayo8901 5 месяцев назад +2

    Opay is a source of succour. They will get over each hurdle with time. Most of our conventional banks are still experiencing the same fraudulent transactions as well.

  • @Techexpert113
    @Techexpert113 Год назад +2

    Great content as always 👏

  • @Streetlight-gr1rz
    @Streetlight-gr1rz 11 месяцев назад +1

    OPAY Nah de best. I love them. Government should allow them take over all sectors so that we can enjoy this country. Others noh go serious unless dis kind of competition noh exist. God bless Opay.

  • @globalismoblackman
    @globalismoblackman Год назад +25

    Great journalism style from Jude as usual👍🙂. Honestly, Nigeria 🇳🇬 scares me with all its notoriety. I wouldn't feel safe retiring in that country after almost 4 decades overseas. Opay is definite a #NOpay for me given the loop holes and fraudulent activities on their banking app platform. I wouldn't touch it like a rotten apple.

    • @victorayodele2577
      @victorayodele2577 Год назад +11

      Opay still does better than the Commercial banks still

    • @jnaddims1354
      @jnaddims1354 Год назад

      Your traditional banks, I wouldn't even touch with a 10 foot pole. Those pple are more rotten than a cursed apple.
      Imagine having 500k and u go to withdraw it and they give u 100k and tell u to ur face dats all they'll give u.
      A man came to my office and while we conversed he looked really restless, and I asked what d issue was and it turned out that transfer of 5 million he was trying to do, first bank dat u know stopped it at 2m, and refused to allow anymore transactions go through and u think u are safe. I'll rather loose my money to any other financial app than d licensed ones by our rotten in-house govt.

    • @memesfamilyguyandtvshows
      @memesfamilyguyandtvshows Год назад +2

      What fraudulent activity please??

    • @samijay
      @samijay Год назад

      Lol one day you'll lose ur phone with sim then you'll understand every bank isn't different

    • @jnaddims1354
      @jnaddims1354 Год назад +2

      @@samijay not when u complete all d necessary identification processes, people still do loose ATM cards, do I have to remind u.
      All have similar issues, but there's always a better evil.

  • @BinaJosh28
    @BinaJosh28 5 месяцев назад +1

    I got an opay ad while watching this video 😂

  • @Oluwaseunolusanjo
    @Oluwaseunolusanjo Год назад +1

    Thanks Mr. Bela

  • @ihecelestine559
    @ihecelestine559 Год назад +1

    Best in ever that happen to nigeria .this is better than mtn pay as u go

  • @The_Spark_Zone
    @The_Spark_Zone Год назад +2

    I've always waited for this video

  • @yemifest1648
    @yemifest1648 Год назад +21

    There is no downside of Opay mentioned that the mainstream banks are not guilty of, theirs is even worse. Opay has right to exist just like any other financial institution.

    • @ecsamuels4142
      @ecsamuels4142 10 месяцев назад +1

      I am downloading opay because of this documentary. This guy never travel before because he doesn’t know the mobile money will overtake the bank within a twinkle of an eye.

    • @paperking3168
      @paperking3168 9 месяцев назад

      Exactly my position

  • @uzioms
    @uzioms 21 день назад

    This shows you that what makes Nigeria, Nigeria is the power of the masses. I don't think any wealthy Nigerian has an opay account. And that's why we are where we are.

  • @DVPofficial
    @DVPofficial Год назад +3

    Opay is really a king.

  • @emmanuelskilful2489
    @emmanuelskilful2489 Год назад +1

    This guy u are good abeg

  • @bigteekool
    @bigteekool Год назад +14

    You name it sound like opay is a bad thing. But I beg to differ. The conventional banks have been complacent and have taken customers for granted. Their red tape frustrates customers transactions

  • @TenoAbba
    @TenoAbba 11 месяцев назад

    Love the content ❤

  • @samthecreator10
    @samthecreator10 Год назад +12

    Opay is mostly used for daily expenses. People don't really save with opay but with commercial banks.

    • @jayo3074
      @jayo3074 Год назад

      I said the same thing

    • @YoungstarNce
      @YoungstarNce Год назад

      Lol save with commercial bank?
      I tried to save with first bank and UBA
      They end up cutting my money for stamp duties
      ATM card that have expired
      SMS charges I save with opay they don't remove anything
      I save with cowry wise
      Kuda too
      Nigerian banks are big scam

    • @emmanuel_ezenwa
      @emmanuel_ezenwa Год назад +2

      False, Opay allows you to save with their safelock feature.

    • @YoungstarNce
      @YoungstarNce Год назад +1

      @@emmanuel_ezenwa did you read what I just wrote?

    • @samthecreator10
      @samthecreator10 Год назад

      @@emmanuel_ezenwa you probably don't take your time to read my statement properly.
      If you like have N50million and stash it all in OPay safe lock.

  • @BicamsBirantecamara-oq5jd
    @BicamsBirantecamara-oq5jd 5 месяцев назад

    Opay 🙌🙌

  • @lilyoungsolofineskin2693
    @lilyoungsolofineskin2693 Год назад

    Opay is a great faster bank account i ever see ❤❤❤🎉

  • @techgem07
    @techgem07 Год назад

    Very articulated I wish I can write reviews like this ❤

  • @4formation4mike-mike4matic
    @4formation4mike-mike4matic 11 месяцев назад

    yes..last month i bought a opay card registered it with my phone number..to my surprise the name on the card was completely different .. i called the customer care they told me 2 buy another card..im gonna follow it up

  • @bolu101
    @bolu101 11 месяцев назад +2

    I'm always skeptical about things that are too good to be true. I think opay should be used to pay for mini expenses and not major transactions.

  • @talktome2000
    @talktome2000 Год назад

    Great job

  • @thayorclassic
    @thayorclassic Год назад +5

    Judooooo The man who never misses 👏🏻👏🏻👏🏻! Keep going man.

  • @chidinma4327
    @chidinma4327 Год назад +9

    Moniepoint is the fastest!

    • @rexomogbai2522
      @rexomogbai2522 11 месяцев назад +1

      Yeah am surprised nobody is talking about the speed of moniepoint.......but my opay is scrap...

    • @SouthyBoss
      @SouthyBoss 5 месяцев назад +1

      Monie with network issues 💔you are not serious in life

    • @daviddanielng
      @daviddanielng 5 месяцев назад

      Opay is the fastest , moniepoint is fast but not as fast as Opay.
      The app simplicity is not on the same level as Opay.
      ​@@rexomogbai2522

  • @rogermoore27
    @rogermoore27 Месяц назад

    10:39 - they are there to stay? 😂😂😂😂😂😂. Wow! I never seen judge 💩💩💩 in my life

  • @Fwangjejoshua
    @Fwangjejoshua 11 месяцев назад

    OPAY is the most best bank in Nigeria history from the day they open the bank till date no any bank like OPAY I believe event in next generation of Nigeria bank they will not have any bank like open trust me I love OPAY with my full life ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤ OPAY ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  • @JonnCassey
    @JonnCassey Год назад +5

    Nice documentary but i was hoping you will touch the area of casted doubts in the mind of majority as they hardly use Opay as a saving account instead they keep their money in traditional banks, while money for the quick running of things are put in opay. There is still this fear that opay does not have this quick go to physical buildings like traditional banks and hence the fear among majorities

  • @rogermoore27
    @rogermoore27 Месяц назад

    After dealing with OPay, people screamed O-Lord!

  • @henriettasackey3910
    @henriettasackey3910 Год назад +13

    But how did the central bank of Nigeria allow them to get so big? There's too many loop holes in their operations. In Ghana for a fin tech to operate on such a large scale like opay they would have to be supported by or be in partnership with a traditional bank.

    • @josepholoko1947
      @josepholoko1947 Год назад +2

      This is because they are elements in the central bank with interest in opay

    • @christopheroscar6058
      @christopheroscar6058 Год назад

      You have to understand , when nigeria goverment ..or elite or politicians do things, they do things in there personal greed interest , they dont care how big they are provided Opay is payng there bribe direct to there account ...you think nigeria goverment care about making us great

    • @Prince-bz3nz
      @Prince-bz3nz Год назад

      Same thing here in Nigeria

    • @memesfamilyguyandtvshows
      @memesfamilyguyandtvshows Год назад +6

      They don't need the partnership of a traditional bank because they are insured

    • @toneo6710
      @toneo6710 Год назад

      @@memesfamilyguyandtvshowsAs they are insured, will victims of fraudulent transactions be reimbursed or compensated in proven cases? This way the terms from their insurance underwriters could help tighten their security. The insecurities in the financial sector might be wider systemic issues rather O Pay. We just see more of issues with O Pay due to it’s broader reach within the populace. In terms of unsecured loans, the interest rates might be quite high, thus considerable compensation in terms of revenue stream to keep things the way they are unless the regulators CBN etc. take an interest in plugging some loop holes to protect customers…

  • @Tanjiro99883
    @Tanjiro99883 Год назад

    Interesting ❤

  • @babalolaj.o.5262
    @babalolaj.o.5262 10 месяцев назад

    Super

  • @yogunyemi
    @yogunyemi 11 месяцев назад

    With the Telnet connection now I understand why Opay's network infra is second to none. More power to opay. The regular banks have become complacent and their tech infra suck

  • @Olacares22
    @Olacares22 Год назад +1

    It’s a challenge I think they can overcome

  • @EbereOkeke-yr9mb
    @EbereOkeke-yr9mb 2 месяца назад

    Please how can I be a distributor of opay

  • @samijay
    @samijay Год назад +4

    Everything you said is dark side of traditional banks. Just the dark side of almost every financial institutions. You just can't get over it as long as technology exists

  • @TheBigMave
    @TheBigMave Год назад

    great work

  • @humbleugoo8306
    @humbleugoo8306 9 месяцев назад

    Opay is good in loans just make sure you pay in time to maintain the relationship! I'm owing them.

  • @adenler.adeshina8152
    @adenler.adeshina8152 Год назад

    Smart way to run an advert. Bela Oga

  • @sunnyadmyck216
    @sunnyadmyck216 Год назад

    Perplexed!

  • @funnytiktokmov6552
    @funnytiktokmov6552 Год назад +1

    Hi Jude. I've discovered your channel yesterday, and i like your way of telling stories. I do want to learn from you how you do it.... I want to do it like you do it. Please give some help....

    • @realjudebela
      @realjudebela  Год назад +2

      Hi, I have a course linked in the description of this video, that will help you start. You’re welcome to the club.

    • @funnytiktokmov6552
      @funnytiktokmov6552 Год назад

      @@realjudebela thank you

  • @oyebolashina8058
    @oyebolashina8058 11 месяцев назад

    Opay made my life meaningful

  • @preciouseyoh1534
    @preciouseyoh1534 4 месяца назад

    Our very own Nigerian Johnny Harris

  • @IloriJoseph-lm8pg
    @IloriJoseph-lm8pg 10 месяцев назад

    Let's talk about the money and the unnecessary charges from our banks too
    Opay has done more than our so called banks who reaps people of their money

  • @Fwangjejoshua
    @Fwangjejoshua 11 месяцев назад

    OPAY is the best ❤❤❤❤❤❤❤❤❤❤❤ OPAY ❤❤❤❤❤❤❤❤❤❤❤❤

  • @MuhammadSuleiman
    @MuhammadSuleiman 10 месяцев назад

    Opay is Bae!

  • @tradesinx
    @tradesinx 11 месяцев назад

    They lack cyber security agents.

  • @nextbillspencer
    @nextbillspencer 7 месяцев назад

    Please do a deep dive into VC funded tech entrepreneurs in Nigeria, Forbes 30 under 30 and their desperate customer base growth model

  • @EgbunuAngel
    @EgbunuAngel Год назад +1

    Wow

  • @pathfinder2857
    @pathfinder2857 Год назад

    Opay is a life saver for Nigerians, imagine we had to relay majorly on Nigerian bank every time

  • @benedictnwabuzor4401
    @benedictnwabuzor4401 Месяц назад

    Their business model needs to be studied regardless of some flaws

  • @margaretoludotun2351
    @margaretoludotun2351 9 месяцев назад

    Opay is the best

  • @Shopezi
    @Shopezi Год назад

    I’ve missed this

  • @Ukthorncarver
    @Ukthorncarver 10 месяцев назад

    The competition is now so High that Palmpay open doors gbalaja sote all transfers is free for the past 1month.

  • @otaruemma3803
    @otaruemma3803 Год назад +1

    Its funny how Zenith is considered the slow Bank here🤣

  • @mosesagabiodeh1703
    @mosesagabiodeh1703 10 месяцев назад

    other bank want to kill with over charges. E.g sending (transfer)40k from firstbank to Fcmb your charges is 300 naire how much will a POS agent collect then

  • @sebastineokechukwu9563
    @sebastineokechukwu9563 8 дней назад

    OPAY is the best thing to have happened to Naija since Jollof rice

  • @precious_orim
    @precious_orim Год назад +11

    No body th*ef pass Nigerian commercial banks. Na only God go help us

    • @doublealphadot
      @doublealphadot Год назад +3

      Ahswear, small transfer enter, dem don deduct fees. Sending out, more fees.

    • @israeliseoluwa6704
      @israeliseoluwa6704 9 месяцев назад +1

      i tell u!

  • @angelamanzini3497
    @angelamanzini3497 4 месяца назад

    Interesting.... What was the purpose of "Independence" in the first place????? What is Nigeria Celebrating 60 yrs of Independence?????

  • @Iyke47
    @Iyke47 8 месяцев назад

    The beginning could pass for an opay ad...

  • @smallqwaro
    @smallqwaro 6 месяцев назад

    Moniepoint is giving them a good run for their money

  • @justiceessiel6123
    @justiceessiel6123 9 месяцев назад

    Why is opay better than normal mobile money with mtn or glo

  • @The_Harylaba
    @The_Harylaba 9 месяцев назад

    Moniepoint is taking over their business

  • @GodCosmo4000
    @GodCosmo4000 Месяц назад

    Opeira😂😂😂😂