OPay Shuts Down Operation In Nigeria
OPay, the Opera’s African fintech startup, has shut down all its businesses in Nigeria excluding its payment operations, the company posted via its social media platform.
According to the post on the company social media pages, all the businesses to be closed down include the popular bike hailing service, ORide; a B2C e-commerce app, OMall; a B2B e-commerce platform, OTrade; a logistics delivery service, OExpress, and a food delivery service, OFood.
Accordingly, the Nigerian team has already set up a team tasked with the recovery of all the ORide motorcycles on the road.
The company attribute the reason for this unpalatable decision to the drastic effect of the coronavirus pandemic on the country economic.
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