OPay has declared that the next phase of Africa’s fintech revolution will be driven by Artificial Intelligence (AI), arguing that the technology can expand financial inclusion, fight fraud, and connect millions of underserved people to the formal financial system.The fintech company highlighted this at the Digital PayExpo 2026 in Lagos, where it served as the headline sponsor.The event brought together regulators, banks, and fintech leaders to discuss the future of digital payments.OPay’s CEO, Dotun Adekunle, emphasized that AI can reduce payment delays, strengthen fraud detection, and improve regulatory compliance.He noted that Africa’s young population and growing digital economy position the continent to lead global fintech innovation.

The company urged collaboration between regulators, investors, and financial institutions to build interoperable payment systems and trusted digital identity infrastructure.Fintech firms are increasingly investing in AI for fraud detection, customer service, and credit assessment to enhance efficiency.The article underscores AI’s role in creating a unified digital economy and ensuring financial inclusion for millions.

Industry observers suggest OPay’s strategy reflects a broader shift in Africa’s fintech sector, where competition is moving beyond payments to intelligent financial services.