The Africa B2B Tech Report

The Africa B2B Tech Report

Is Another African Unicorn Rising?

The Nigerian fintech OPay is reportedly seeking $400M at a $1.5B valuation

Charles Laughlin's avatar
Charles Laughlin
May 26, 2021
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The OPay leadership tram at a recent press event

The Chinese-backed, Nigeria-based fintech OPay is reported to be on the verge of securing up to US$400 million in new funding at a US$1.5 billion valuation. This reporting comes from the U.S.-based financial newsletter The Information.

This funding, if it materializes, would make OPay the newest member of …

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