StartupsReutersabout 2 hours ago
OPay Raises $304 Million in US IPO
2 min read
SoftBank-backed fintech OPay raised $304 million in its US initial public offering on Friday. The Nigeria-focused firm sold 16 million American depositary shares at $19 apiece, giving it a valuation of about $4 billion. Founded in 2018 by Yahui Zhou, the company serves 50 million monthly active users across emerging economies including Nigeria and Indonesia.
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