PayPal will now allow Nigerians to receive payments on its platform through a partnership with local fintech firm Paga, marking a major shift in its long-restricted engagement with the country.
The development was disclosed by Paga’s founder, Tayo Oviosu, in a LinkedIn post announcing the long-awaited collaboration.
The partnership comes nearly 13 years after Oviosu first reached out to PayPal with a proposal to work together, at a time when Nigeria’s fintech ecosystem was still in its early stages.