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OPay submits IPO application to NYSE targeting $4 billion valuation and $500 million raise. African fintech giant backed by IDG Capital, SoftBank, and others.

PRIVATEOct 14, 2026

Amount Raised

$500 Million

Round Type

IPO

IkejaFinanceFintech

Investors

SoftBank Vision Fund IIGaorong CapitalMeituanSource Code CapitalHong ShanIDG Capital

Description

OPay, a Nigerian-origin African fintech company, officially submitted its listing application to the U.S. SEC on October 9, 2026, planning to list on the New York Stock Exchange under ticker 'OPAY'. The company targets a valuation of approximately $4 billion with expected fundraising of up to $500 million. OPay boasts annual revenue exceeding $500 million and 50 million monthly active users

Company Information

Company

OPay

Location

Ikeja, Lagos State, Nigeria

About

OPay gives you the freedom to do more! Transfers are fast and free, our network uptime is 100% with amazing cashback on data & airtime recharge.

Fundz sees it the moment OPay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsStephen O., Associate Director, Merchant Acquiring… hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for OPay's next move

See what Strategic adds

OPay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.