Leading fintech company, OPay Digital Services, has dismissed as false and malicious a viral social media publication claiming that the company would suspend operations from September 1, 2026.
The fabricated publication, which circulated widely across social media platforms on Sunday, allegedly warned OPay customers to withdraw or transfer their funds ahead of a purported prolonged shutdown.
However, OPay, in a statement shared on its verified social media platforms, described the claim as false and assured customers that its operations remain fully active.
In a statement titled, “This is FALSE,” the company said: “OPay is not going on break by September. We’re here, and we’re going nowhere!”
The fintech urged customers and members of the public to carefully scrutinise the viral publication for inconsistencies and rely only on its verified communication channels for authentic information.
“True OPay users know how to identify our official communications. Take a closer look at the viral post and you’ll spot the red flags.
“Always verify before you share. Filter the noise! Follow our official pages for authentic OPay updates,” the company stated, using the hashtag #OPayIsOkay.
Also reacting to the development, the Vice-President, Public and Government Affairs, OPay Digital Services, Dr Maxwell Loko, described the viral publication as “false, malicious and misleading.”
Loko stressed that OPay was not shutting down and cautioned customers against taking any action based on the fabricated information.
“This post is false, malicious and misleading. OPay is not shutting down, and customers should not be misled into withdrawing their funds based on fabricated information,” he said.
He urged members of the public to disregard the publication and depend exclusively on OPay’s verified platforms for official announcements.
“We urge the public to disregard this post and rely only on OPay’s verified communication channels for official information,” Loko added.
The OPay executive further warned that deliberate attempts to spread false information capable of causing panic or undermining confidence in a financial institution could have legal consequences.
“The deliberate spread of false information designed to cause panic or undermine confidence in a financial institution is a serious matter and may have legal consequences,” he said.
The incident highlights growing concerns over the spread of fabricated digital content targeting financial technology companies and the potential for such misinformation to trigger unnecessary panic among customers.
Although speculation has emerged in some quarters that the publication could be linked to competitive interests seeking to undermine OPay’s market position, there is no publicly established evidence to support the claim.
OPay therefore advised customers to exercise caution and verify financial or operational announcements through its authenticated communication channels before taking any action.
The clarification effectively puts to rest the viral claim that OPay would cease or suspend operations from September 1, 2026, with the fintech reaffirming that its services remain available to customers.
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