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.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya

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