Pay, the Africa-focused fintech firm owned by Opera has revealed that it is launching its car-hailing service tagged OCar in Nigeria. With the launch, it brings OCar in direct competition with already established car-hailing services like Uber and Bolt.
This announcement which was made in a Tweet comes a day after OPay secured $120 million Series B investment from Chinese investors including Meituan-Dianping, GaoRong, Source Code Capital, Softbank Asia, BAI, Redpoint, IDG Capital, Sequoia China and GSR Ventures.
With the new investment, OPay will scale its business offerings in Nigeria thus the introduction of OCar and expand its payment products to South Africa, Kenya and Ghana in the coming days.
OCar which is still in Beta on Opay’s super app (update your app if you cannot find it) is currently available in Lagos, Owerri, Port Harcourt, Abuja, Benin, Kaduna, Abeokuta and Ibadan.
As expected, OPay is offering massive discounts to its prospective OCar customers to drive patronage. For as low as 200 naira, you go anywhere in the aforementioned cities.
OPay prides itself as a super app that offers almost every day services that the average Nigerian needs. These services include ORide, ride-hailing, OFood, it’s food services, Olist, its classified platform, loans and subscription services, airtime purchase among others.