KPMG: Opay Leads Fintech Payment Apps with 69% Smartphone Penetration

THISDAYLIVE | 08-10-2026 12:54am |

A study by KPMG Nigeria in collaboration with the Orange Group has revealed that Opay leads Nigerian fintech payment apps with 69% smartphone penetration in 2025. PalmPay, Moniepoint, Access Bank, and UBA followed with 29%, 16%, 11%, and 11% respectively. The report indicates that fintech platforms are redefining financial access in Nigeria, outperforming traditional banking apps.

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