Fintech firm VertoFX taps ex-JumiaPay MD as Nigeria Country Manager

VertoFX has announced the appointment of Dr. Austin Okpagu as its first Country Manager for Nigeria.

The fintech firm says the move reinforces its long-term commitment to the country and the broader West African region.

Most recently serving as Managing Director at JumiaPay, Okpagu brings a wealth of extensive experience from several of Nigeria’s most prominent fintech platforms including OPay and Pagatech.

“We are delighted to welcome Austin as our first Country Manager for Nigeria. Austin’s proven expertise in the payments sector and deep understanding of the local economic market make him the ideal candidate to take charge of our operations in West Africa.”  Ola Oyetayo, Co-Founder and CEO of VertoFX said.

“With our on-the-ground presence in Nigeria, we are strongly positioned to better serve our customers, support local businesses, and contribute to the economic development of the region; moving in line with our vision to become the leading provider of B2B cross-border payment solutions in Africa,” he added.

In his new role at VertoFX, Okpagu will spearhead VertoFX’s newly opened offices in Victoria Island, Lagos, to achieve on-ground business growth targets, foster strong relationships with local stakeholders and implement tailored solutions to Nigerian customers’ needs and requirements.

Commenting on his new role Dr. Austin Okpagu, said, “It’s an honour to be joining the VertoFX team in their mission to become the go-to financial services partner for businesses operating in Nigeria and on the global scale.”

Over the past year, VertoFX says it has facilitated over $2.7 billion in cross-border transactions for Nigerian corporations. During the same period, the company experienced a staggering 75% increase in the number of Nigerian enterprises using its platform for their international payment needs.

“I look forward to working closely with key public and private stakeholders in the Nigerian financial sector to further enhance our offerings, targeting a deep and lasting positive impact for local founders and business owners,”  Okpagu added.

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