KongaPay, the fintech arm of Nigeria’s leading e-commerce group, Konga, has announced a major milestone, surpassing 100,000 active users, marking a new chapter in its mission to drive safe, seamless, and rewarding digital payments across the country.
In a message to its customers titled “We Did It, and It’s All Thanks to You,” the company expressed gratitude to its growing user base for making KongaPay “more than just a platform” but “a community built on trust, innovation, and extra rewards.”
“From our very first download to our 100,000th user, every tap, save, and transaction has helped KongaPay grow into the trusted platform it is today,” the company stated.
The fintech firm, which started as an in-house payment solution for Konga’s online marketplace, has evolved into a robust digital finance platform enabling users to make secure payments, save, and access digital financial services with ease.
Industry analysts note that KongaPay’s growth reflects Nigeria’s accelerating shift toward digital payments.
According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in Nigeria hit ₦600 trillion in 2024, representing a 45% increase year-on-year, as more consumers embrace mobile wallets and online banking.
KongaPay’s latest milestone also highlights the growing competition in Nigeria’s fintech landscape, which includes players such as Opay, PalmPay, and Moniepoint.
However, KongaPay’s close integration with the Konga.com marketplace and its expanding rewards ecosystem are giving it a unique edge among e-commerce-driven financial platforms.
“We’re raising a toast to our loyal users for choosing us to power your payments, savings, and more,” the message continued, encouraging users to stay connected through social media for upcoming product updates and engagement campaigns.
The milestone comes as Konga intensifies efforts to expand financial inclusion and digital adoption among Nigeria’s online shoppers and merchants.
With the fintech space projected to grow by over 40% in Africa by 2030 (Statista, 2024), KongaPay’s continued innovation could play a key role in shaping how Nigerians transact and save in the digital economy.
