The story of Tayo and Paga story is one of the biggest positives in Nigerian tech. currently servicing over 11 million users and generating millions of dollars in recurring revenue, Tayo’s company has defied the odds and succeeded where many others have struggled and failed.
BACKGROUND
Tayo Oviosu is the Founder and Group CEO of Paga, a mobile payments company that is focused on digitizing cash in emerging economies. Nigeria is Paga’s first market. He is a graduate of Electrical Engineering from the University of Southern California and also has a master’s degree in Business Administration from the Graduate School of Business, Stanford University.
He formerly served as Manager of Corporate Development at Cisco Systems in San Jose California and was vice president at Travant Capital Partners in Lagos, Nigeria until 2009, when he started Paga where he is currently the Group Chief Executive Officer.
Tayo Oviosu has a passion for helping entrepreneurs bring ideas to life and build scalable businesses. This passion is what led to co-founding Kairos Angels.
Oviosu is a graduate of Electrical and Electronics Engineering from the University of Southern California. He also has a master’s degree in Business Administration from the Graduate School of Business, Stanford University in 2005.
After graduating from USC, Oviosu started his career at Biomorphic VLSI as a Semiconductor Chip Design Engineer and then Event 411 as a Software Engineer all based in Los Angeles California. He later went to work for Deloitte Consulting in the CRM and Technology practice as a Senior Consultant.
After business school, he joined Cisco Systems in San Jose California where he was responsible for strategy, acquisitions and private equity investments in a few segments and helped lead Cisco’s investment expansion in Africa with investment opportunities. He led investments and acquisitions which include the $130m acquisition of Reactivity and investment in Guardium (Database Security, Series C, sold to IBM).
In 2008, he returned to Nigeria where he joined Travant Capital Partners and served as vice president. In 2009, he founded Paga to address the use of cash and expand financial access.
He married Affiong Williams in 2014.
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