Paga was founded on the simple belief that mobile phones could be leveraged to provide financial services to Nigerians. The traditional banking sector remains out of reach to most Nigerians. A major reason is the cost/benefit analysis of deploying brick and mortar infrastructure in a cost efficient manner across the region. Paga brings financial services around the corner of every Nigerian via their agent network.

“Access to basic financial services – the ability to save, transfer and invest even small amounts of money – can make a huge difference to people around the world. It can help a farmer to survive a bad harvest, or provide a slum-dweller with the vital capital needed to start a small business.” – Richard Mwami, head of mobile money, MTN Uganda