VertoFX Appoints Dr. Austin Okpagu as Nation Supervisor for Nigeria

Sarah Smith

World Courant

VertoFXNigeria, the worldwide monetary expertise firm that delivers enterprise-grade cross-border funds, FX and banking options in rising markets, has introduced the appointment of Dr. Austin Okpagu as its first Nation Supervisor for Nigeria. The transfer reinforces the corporate’s long-term dedication to the nation and the broader West African area.

Most lately served as Managing Director at JumiaPayOkpagu brings a wealth of in depth expertise from a few of Nigeria’s most outstanding fintech platforms together with OPachtenAnd Web page Techthe place he led partnership and enterprise growth efforts throughout each firms. In his new position at VertoFX, Okpagu will lead VertoFX’s lately opened workplaces in Victoria Island, Lagos, to realize enterprise progress goals on the bottom, foster sturdy relationships with native stakeholders, and implement custom-made options to Nigerian consumer wants and necessities.

Talking about Okpagu’s appointment and VertoFX’s new bodily presence in Nigeria, Ola Oyetayo, Co-Founder and CEO of VertoFX, shared: “We’re delighted to welcome Austin as our first Nation Supervisor for Nigeria. Austin’s confirmed experience within the funds business and deep data of the native financial market make him the perfect candidate to guide our operations in West Africa.”

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He continues: “With our presence on the bottom in Nigeria, we’re strongly positioned to raised serve our clients, help native companies and contribute to the financial growth of the area; in keeping with our imaginative and prescient to grow to be the main supplier of B2B cross-border cost options in Africa.”

VertoFX’s cutting-edge expertise allows companies of all sizes to make safe and seamless cross-border funds, convert between 50 currencies at aggressive trade charges, and ship and obtain cash immediately in over 200 international locations. Since launching operations in Nigeria in 2017, the corporate has constructed a powerful consumer base, together with among the largest enterprises doing enterprise in Africa, who depend on the corporate’s progressive and dependable monetary providers for his or her native and worldwide enterprise wants.

Dr. Austin Okpagu, Nation Supervisor at VertoFX Nigeria

Commenting on his new position, Dr. Austin Okpagu, Nation Supervisor at VertoFX Nigeria, stated: “It’s an honour to hitch the VertoFX crew of their mission to grow to be the go-to monetary providers supplier for companies working in Nigeria and globally.”

He added: “Throughout current and particularly advanced macroeconomic situations, VertoFX has distinguished itself with its capacity to offer urgently wanted monetary options to Nigerian companies, serving to them stay resilient within the face of adversity. I look ahead to working intently with key private and non-private stakeholders within the Nigerian monetary sector to additional improve our providing, with the purpose of constructing a deep and lasting optimistic impression for native founders and enterprise homeowners.”

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Over the previous 12 months, VertoFX has facilitated over $2.7 billion in cross-border transactions for Nigerian companies. Throughout the identical interval, the corporate skilled a staggering 75% enhance within the variety of Nigerian companies utilizing its platform for his or her worldwide cost wants.

At a time when the Nigerian market is going through forex restrictions and native trade controls necessitated by the difficult international financial situations, forex devaluations and inflation, these figures spotlight VertoFX’s concentrate on delivering dependable options to its shoppers.

About VertoFX

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VertoFX is a world B2B monetary expertise firm that gives companies of all sizes with entry to enterprise-grade cross-border funds, FX, and banking options. Utilizing a purpose-built technical infrastructure and cost rails, companies can immediately ship and obtain cash in over 170 international locations and convert between 49 currencies. In the present day, Verto helps over 4,000 companies, from startups and SMBs to massive enterprises, transfer thousands and thousands of {dollars} a 12 months.

VertoFX Appoints Dr. Austin Okpagu as Nation Supervisor for Nigeria

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