Nigerian fintech OPay is preparing a US IPO at a $4 billion valuation, hiring Citi, Deutsche Bank and JPMorgan in a landmark for African fintech.
OPay (50M users, $12B/month) prepares $4B US IPO—first major African fintech listing. Validates mobile-first financial platforms as critical infrastructure; signals investment acceleration in payments stack, compliance automation, and security frameworks for African operations at scale.
NIGERIA · FINTECH
Key Facts
—$4 billion: OPay, a Nigerian fintech, is preparing a US share listing that could value it at about $4 billion.
—Wall Street heavyweights: It has lined up Citi, Deutsche Bank and JPMorgan to run the deal.
—Huge reach: OPay says it passed 50 million users and processes more than $12 billion in transactions a month.
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