Paga's $1.5B Monthly Volume and Nigeria's Quiet Digital Economy Pivot

Paga founder Tayo Oviosu just revealed his fintech processes $1.5 billion every month — a staggering figure that places Nigeria's payment infrastructure on a scale few outside Lagos appreciate. With 200 employees, annual revenue of about $60 million, and a valuation in the "hundreds of millions," Paga has quietly built one of Africa's most significant financial technology operations. The disclosure, made during an interview with School of Hard Knocks, cuts through the usual...