Business
Gotring Dauda: 10 things you need to know about the new OPay MD
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Gotring Wuritka Dauda is the newly appointed Managing Director of OPay Nigeria, a prominent fintech company in Africa.
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Before joining OPay, Dauda served as the Director of the trade and exchange department at the Central Bank of Nigeria, showcasing his extensive experience in the financial services industry.
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He hails from Plateau State, Nigeria, and has actively participated in the state’s political landscape, having contested for the Plateau state gubernatorial seat in a past Nigerian general election.
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Dauda’s appointment as the Managing Director of OPay Nigeria follows the departure of Olu Akanmu from the same role.
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The appointment is currently pending regulatory approval, indicating the company’s adherence to the necessary procedures.
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As a seasoned industry professional, Dauda is expected to lead OPay Nigeria in its efforts to deepen financial inclusion in the country, building on the company’s rapid growth and success.
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OPay Nigeria has become one of Africa’s fastest-growing fintech companies, achieving unicorn status in 2021 after a successful funding round led by SoftBank, raising $400 million.
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With over 30 million users, approximately 500,000 agents, and more than 300,000 merchants, OPay Nigeria has played a significant role in making payments efficient in underserved regions of Nigeria.
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During Nigeria’s cash crunch and currency redesign, OPay Nigeria gained popularity as a reliable alternative to traditional banks, earning praise from users for providing efficient payment solutions.
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As OPay Nigeria marks its fifth anniversary in the country, Dauda’s leadership and expertise are expected to drive the company’s continued growth and impact in Nigeria’s financial services sector.