Payments giant, Paga, has announced that it processed ₦17 trillion across 169 million transactions in 2025, a sharp jump from previous years. The company’s CEO, Tayo Oviosu, shared the figures, highlighting the scale of the company’s operations and the role of Paga Engine, its payments infrastructure platform for businesses across Africa.
The numbers reveal a rapid growth trajectory for the payments company. In 2021, the company processed 35 million transactions worth just over ₦1 trillion. Four years later, transaction volumes and values have skyrocketed, reflecting the growing user base and increasing adoption of digital payments in Nigeria and across Africa.
Paga Engine: Powering Business Growth
Paga Engine is a platform that helps businesses manage their payments, bills, and banking services. It’s especially useful for companies that are growing quickly. According to Oviosu, businesses can use the platform to monitor transactions, understand customer needs, and lower payment-related risks. This makes Paga more than just an app for consumers.
“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.
Building Blocks of Africa’s Payments Infrastructure
The payments company has grown from a simple payments app into a vital part of the financial system. The numbers show that businesses rely on Paga Engine to handle a large number of payments accurately.
This is essential for online stores, financial technology companies, and other online services. According to Oviosu, these results prove that businesses trust its systems to securely and effectively manage billions of dollars in transactions.
Paga Engine’s success shows how Africa’s digital economy is growing. As more businesses operate online, they need payment systems that can handle more transactions reliably.
The company says its systems are now used by some of the fastest-growing businesses in Africa, showing how fintech infrastructure is becoming the backbone of the continent’s economy. The figures underscore the Engine’s role in facilitating secure, transparent, and high-volume financial activity.
For customers, the company’s increasing popularity indicates that digital payments are becoming more common, with a robust system in place to support regular transactions. Oviosu indicated that the company will continue expanding its services, building out more enterprise solutions, and exploring new markets.