Nigerian digital payments company Paga has revealed that it processed ₦17 trillion from 169 million transactions in 2025, underscoring a major expansion in both transaction value and platform usage.
The disclosure was made by Paga’s founder and Chief Executive Officer, Tayo Oviosu, in a post shared on X, where he highlighted the growing scale of the company’s operations and the increasing importance of Paga Engine, its enterprise payments infrastructure.
Digital Payments Growth Accelerates Across Nigeria and Africa
The figures reflect a dramatic rise in Paga’s activity over the last few years. In 2021, the company processed around 35 million transactions worth just over ₦1 trillion.
By 2025, both transaction volumes and values had expanded severalfold, pointing to rapid user growth and the accelerating shift toward digital payment adoption across Nigeria and other African markets.
Paga Engine Driving Enterprise Payment Volumes
Oviosu attributed much of the growth to Paga Engine, Paga’s business-facing platform designed to support companies with high transaction needs.
The platform allows businesses to manage payments, billing, and banking services while offering tools for transaction monitoring, customer insights, and risk management. It is particularly suited for fast-scaling companies that require dependable payment systems.
This evolution positions Paga as a provider of core financial infrastructure, rather than just a consumer payments app.
Oviosu: From Consumer App to Economic Infrastructure
Commenting on the milestone, Oviosu said Paga’s journey reflects how trust and scale can transform a payments startup into a key economic enabler.
“What started as millions of transactions became trillions in value. What began as a consumer payments company evolved into critical economic infrastructure. Paga Engine is the best in the payments infrastructure business… none of this happens without trust,” he said.
Businesses Depend on Paga for Secure, High-Volume Transactions
The volume of payments processed through Paga Engine shows that online merchants, fintech firms, and digital service providers increasingly rely on the platform to handle large-scale transactions securely and efficiently.
According to Oviosu, the results demonstrate strong confidence from businesses in Paga’s systems to manage billions of dollars in payment flows without disruption.
Indicator of Africa’s Growing Digital Economy
The rise of Paga Engine mirrors broader trends within Africa’s digital economy, as more businesses move operations online and require scalable, reliable payment infrastructure.
For everyday users, the surge in transaction activity suggests that digital payments are becoming part of daily life, supported by systems capable of handling consistent, high-frequency transactions.
Paga Eyes Expansion and New Enterprise Products
Looking ahead, Oviosu said the company plans to continue expanding its services, deepen its enterprise offerings, and explore new markets across the continent.
As digital commerce and online services continue to scale, Paga is positioning itself as a long-term pillar of Africa’s evolving financial and payments ecosystem.
