TLDR Tech / Fintech
Opay hires banks for planned US IPO at $4B valuation
Opay is working with Citi, Deutsche Bank, and JPMorgan on a planned US IPO that could value the Nigeria-focused payments platform at about $4 billion. The company has more than 40 million users and reflects the growing scale of African fintech, where mobile financial services are expanding rapidly amid banking infrastructure gaps. The listing would mark another major step toward global capital markets for Africa's fintech leaders.
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