₦airaland Forum

Omo, you dey confuse me. I thought it was opay, moniepoint, kuda, fairmoney etc that are digital banks. Why referring zenith, UBA, stanbi, fidelity etc as digital banks?

GeneralPula:
He has a point..

Opay is also an online platform. They can crash tomorrow..

They’re not a digital bank..

My own Analogy is use opay but don’t keep huge funds in Opay. Your huge funds should be with the digital banks..

rapheal5:
I know somebody who owe Palmpay since early last year and CBN did nothing..

Kai... That one go be miracle be that ooo.

I remember one time I did borrow from them to add up to something I needed to.

Two days to paying back, them don deh call me 🤣🤣.

I run pay am sharp because I no one online wahala.

Opay cant crash and leave customers or members in abandonment?

maasoap:
You don't have any solid reason to belive what you are saying. I can't even deposit my money with Opay because their interest rate is the lowest of all mobile money apps. Imagine 6% annual interest rate while they're charging over 50% annual interest rate.
Apart from that, they are solid

TUANKU:
Just answer me, to die dey hungry you abi? I will hex you and you won't last a week. Dey try me.

Don't be proud of evil. You are a mere mortal like everyone else. Be humble. Repent

salem1996:
Kai... That one go be miracle be that ooo.

I remember one time I did borrow from them to add up to something I needed to.

Two days to paying back, them don deh call me 🤣🤣.

I run pay am sharp because I no one online wahala.

They would place you on automatic call but they can never debit your other account through BVN..

Firebox123:
na your papa be illiterate

You're right. My papa was actually an illiterate because he never went to school. He died at the age of 80.
But how could you be on this same page with my late Papa who never went to school?
Isn't that a shame to you in 2025?

Firebox123:
money wey dey suppose use for 2 odds on sportybet

What's the difference between Ponzi schemes and sportybet? They are both games of chances.

Ken4Christ:
What's the difference between Ponzi schemes and sportybet? They are both games of chances.

sportybet can't run away with your funds

Only fools put money on these things

Expected!

Nonetheless there are legit platforms out there even with national regulatory bodies' oversight but many Nigerians ignore them for selfishness, greed and quick money mentality...

If it's not Blockchain count me out.

If it's not Blockchain under Trust count me out.

Ken4Christ:
What's the difference between Ponzi schemes and sportybet? They are both games of chances.

One is officially recognised and pampered!
The other is not!

Both take the money of fools and give to the rich owners of the company!

Betting is foolishness as much as Ponzi!
Most governments of the world are Ponzi against the poor and the middle class

Firebox123:
did you know the CEO of opay physically

Do you know the CEO of first Bank personally


Your answer may be yes because you know feni otedola but let me shock you he first bank crashes with your money you cannot take him to court

Firebox123:
Nigerian no dey ever wise

Until opay run away with Una money 💰

Till then sha

Oga Opay is a microfinance bank regulated by CBN. If you cannot differentiate between a legit company and an unregistered/unregulated company, then you will definitely fall into the hands of ponzi schemes we have been shouting about.

if only u guys know how much these schemes make
i have been in the dev of one some years back
millions of usd na wetin boys dey clean
ponzi not ending soon
its a multi billion usd industry

Firebox123:
sportybet can't run away with your funds

Ok

Everything in Life is by Choice so no refrets!

Firebox123:
Nigerian no dey ever wise

Until opay run away with Una money 💰

Till then sha

So you're the "wise" Nigerian?

Na those wey invest 1,500 Naira wey their voice go loud pass.

Foolish people una no dey hear word.... Una too mumu......taaaaaa....MMM no make una get sense .......una still dey mumu...abi una dey chop frm auns

bamac:
I warned my people.

Can we move on with normal investments now!

Need investors for my business. 40% profit share monthly guaranteed!

Please find in signature my whatsapp number for further elaboration.

What's it bro? I'm willing to put in funds.

RussellRutherfo:
When you were getting the 300%.

Did you call us to help you then?

I never gotten any

Truths9ja:
how much do you lost?

Approximately 300k

ppogba:
Silver or Gold , I have non but a piece of advice.

If you are in Lagos, avoid third mainland bridge. There is an attracting force there.

Thank me later.

Shalom!

I'm not in Lagos!

Love800:
Opay cant crash and leave customers or members in abandonment?

First Bank or Zenith bank can crash, same as Fintech companies can. But those traditional banks and Fintech companies (mobile money wallets) are not the same with ponzi schemes as you're trying to portray them here because they don't run their operations like a ponzi.

maasoap:
Do you know Mathematics at all? Your 100k is still below maximum of 300k that qualify for 15% annual interest rate.
Opay is 15% interest rate on the first 300k naira, 6% for the remaining amount above 300k naira! Imagine saving 5 million naira with them and be receiving 6% interest rate on 4.7 million naira and 15% on 300k naira!

wrong here. Not true at all.

AgentnairaIand:
Approximately 300k

hey sorry bro. What of your capital too?

Truths9ja:
wrong here. Not true at all.

My explanation got me banned by nairaland bolt.
They just made slight upward adjustment but still nothing compared to what they're charging their debtors.
Do your research before you engage in intellectual debates