OPay is installed on 69 per cent of smartphones used in Nigeria, making it the most widely present banking and fintech app in the country, according to the Nigeria Smartphone Study 2025.
The study, conducted by Orange Group and KPMG, showed that OPay had a significant lead over other financial apps installed on smartphones among respondents.
PalmPay ranked second with 29 per cent, while Access Bank recorded 16 per cent and Moniepoint 14 per cent.
UBA and GTBank followed with 11 per cent each, while FirstBank had 10 per cent, Zenith Bank nine per cent and Kuda eight per cent. PayPal recorded seven per cent.
The findings put OPay, PalmPay and Moniepoint among the three most commonly present banking and fintech apps on Nigerian smartphones, highlighting the growing role of digital financial platforms in everyday transactions.
The study was based on responses from 13,251 people across 12 Nigerian cities, including Lagos, Ibadan, Abuja, Kano, Port Harcourt, Benin City and Kaduna.
It also found that smartphone penetration in Nigeria rose to 75 per cent in 2025, up from 64 per cent in 2023.
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The widespread presence of fintech apps reflects the growing use of smartphones for financial activities such as money transfers, bill payments and airtime purchases.
As fintech platforms expand their reach, traditional banks are increasingly competing for customers in the same mobile environment, where convenience, speed and access to digital services have become important factors in how customers interact with financial institutions.
However, the 69 per cent figure does not mean that 69 per cent of Nigerians use OPay or that the fintech company controls 69 per cent of Nigeria’s banking customers.
Rather, it represents the proportion of smartphones among respondents in the study on which the OPay app was installed.
About the Author
Cecilia Attah is a tech analyst with a degree from Benue State University. She covers tech news and startups at TechRegard with a focus on how technology is transforming Africa and shaping the global landscape.
