Gate News message, April 16 — African payments company Paga announced on April 16 that it processed ₦17 trillion across 169 million transactions in 2025, marking significant growth from previous years. CEO Tayo Oviosu shared the figures on X, highlighting the scale of operations and the role of Paga Engine, the company's payments infrastructure platform serving businesses across Africa.

The growth reflects rapid expansion in digital payments adoption. In 2021, Paga processed 35 million transactions worth just over ₦1 trillion. The four-year surge underscores increasing user adoption and the shift toward digital financial services in Nigeria and across the continent. Paga Engine, which enables businesses to integrate payments and financial services into their products, has become critical infrastructure for online retailers, fintech applications, and digital service providers. "What started as millions of transactions became trillions in value. What began as a consumer payments company evolved into critical economic infrastructure," Oviosu said, emphasizing that trust underpins the platform's success.

The company indicated plans to continue expanding enterprise solutions and exploring new markets as Africa's digital economy grows and more businesses transition online.