Friday, 30 October, 2026
Emerging Markets Unleashed: SoftBank-Backed OPay Secures $304M in US Debut
By TechShots Studio
Emerging market fintech provider OPay raised $304 million in its U.S. initial public offering, selling 16 million American depositary shares at $19 each. Backed by SoftBank, the Nigeria-focused company achieved a valuation of approximately $4 billion. OPay plans to use the proceeds to bridge banking infrastructure gaps across emerging economies by expanding its digital payments, savings, and lending services.
Read full story at REUTERS