OPay: valuation, funding rounds and share price

The most recent valuation reported for OPay in the deals we track is $2B (Post-money valuation reported by Bloomberg, TechCrunch, Reuters and others (August 2021).), reported with its Series C in August 2021. Source: OPay raises $400M Series C led by SoftBank Vision Fund 2 at $2B valuation.

OPay has raised $400M across 1 disclosed round tracked by Africa Markets. Valuations are as reported at announcement and may not reflect current value.

No. OPay is a private company and its shares are not listed on a stock exchange, so there is no public OPay stock price. The most recent valuation reported was $2B in August 2021.

OPay also appears as OPAY in the Africa Markets trading demonstration, a members-only preview of our marketplace. Prices there come from a demonstration call auction in which members trade with demo cash; they are not real market prices, not a valuation of OPay, and no real shares change hands. Members can view OPAY in the demonstration.

OPay provides mobile payments, digital wallets, money transfers, bill payments, savings products, and other financial services through its app and extensive agent network. It targets underbanked and unbanked populations, primarily in Nigeria, where it operates a large network of agents and merchants. The company has expanded to Egypt, Pakistan, and Indonesia.

Originally incubated by Opera, OPay pivoted to focus exclusively on fintech after exiting ride-hailing. It holds regulatory licenses including a microfinance bank license in Nigeria. The business model combines consumer-facing apps with merchant and agent services, leveraging technology for financial inclusion in high-cash economies.