Investment
Nigeria-focused OPay seeks $366 million in New York IPO at $4.4 billion valuation as Standard Bank commits up to $200 million
Nigeria-focused financial technology company OPay is seeking a valuation of as much as $4.42 billion in a New York initial public offering that could raise up to $366 million, giving it more capital to expand one of Africa’s largest digital-payment businesses. OPay is marketing its New York IPO at between $19 and $21…
Business Insider AfricaBy Ayodeji Adegboyega
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Insider Africa.
Read at Business Insider Africa →Original headline: “Nigeria-focused OPay seeks $366 million in New York IPO at $4.4 billion valuation as Standard Bank commits up to $200 million”
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