Pawapay, a private payment company, is celebrating a landmark one billion transactions.

Musician and businessman Oluwatosin Oluwole Ajibade, popularly known as Mr. Eazi, who cofounded the financial firm, announced the milestone achievement in a post on X and revealed that Pawapay hit the billion mark earlier than high-profile financial firms and expressed pride in being part of the brand.

“Proud to be part of the founding team and investors in http://pawapay.io today we became the fastest private payments company in history to reach 1bn transactions (3.5 years). It took PayPal 5 years. Stripe 7 years,” Mr. Eazi said.

Mr. Eazi is one of the biggest artists in Africa but has chosen to diversify his craft by building reputable business ventures in real estate, fashion, the financial system, and more.

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He is rumoured to be worth over $5 million. Some analysts believe Mr. Eazi is the richest musician in Africa and has credited his wealth to successful dealings outside the music world.

There are few artists who have taken time to invest their fortunes into business ventures that will generate lifetime profits; they rather focus on spending a huge chunk of their royalties on fashion outfits or cars for showbiz, but Mr. Eazi has chosen a different path.

He is also a music executive and is credited with establishing artists like Joeboy through his record label, emPawa Africa.

Mr. Eazi is married to model and fashion blogger Temi Otedola, who is the daughter of business mogul Femi Otedola.