in

OPay continues to expand as ‘OTrike’ launches in Aba

OPAY
Share this article

Opera-founded startup, OPay, has just introduced OTrike, a tricycle hailing service, in the commercial city of Aba, southeast of Nigeria.

In 2018, the disruptive startup started operations as a mobile payments platform reaching Nigeria’s huge unbanked population. It has since diversified its product offerings into motorcycle ride-hailing, ORide and food delivery service, OFood.

Nearly a year after entering the Nigerian market, the Chinese-backed startup has come with yet another service, involving commercial tricycles (popularly referred to as kekes).

The new tricycle hailing service is making its debut in Aba and like ORide, discounts apply on every trip less than ₦400 ($1.10) within the first month of launching (August).Advertisement

Users of OTrike can go anywhere in Aba for ₦20 ($0.055) while it costs ₦50 ($0.14) to get a private charter.

There’s no word on when OTrike will move to other cities, or what other services that might follow this new launch. But what cannot be ignored is that the innovative strategy of OPay stems from the recent $50 million investment the startup received.

The capital was raised to expand new and existing verticals, strengthen OPay’s core business, which is mobile payments, and ultimately become a multi-service commercial platform.

Speaking off ride-hailing services, here are 5 ways to avoid getting in a fight with your drivers

What do you think?

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

john wick

Interview with a John Wick Survivor.

mia khalifa

“I only made a total $12k (N4.3m) in my career as a porn star” – Mia Khalifa reveals