Technology

OPay Launches Another Service, OCar
  • OPay Launches Another Service, OCar

Opay, an Africa-focused Chinese backed startup, has announced the launching of another service, OCar.

Ocar is a ride-hailing service presently available in Lagos, Owerri, Port Harcourt, Abuja and Benin, according to the statement issued by the company.

OCar is OPay’s latest service in a list that already includes food (OFood), bike-hailing (ORide), classifieds (OList), three-wheelers (OTrike), wealth management (OWealth), etc.

“The Day we’ve all been waiting for is finally here!
OCar has arrived!
Go anywhere with OCar in Lagos, Owerri, PH, Abuja, Benin, Kaduna, Abeokuta & Ibadan for just 200 Naira.
Now, you can enjoy safe, affordable & comfortable rides at the tap of a button,” the company stated in a tweet.

OCar will be competing with the likes of Uber and Bolt for the heart and soul of Lagos and other cities.

OPay raised $120 million in a Series B round last week, bringing its total fundraising this year to $170 million.
Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Samed Olukoya
5 years ago

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