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OPAY
OPay
Mobile banking / fintech · Lagos · Nigeria · Founded · 2018 · ≈ · 3,700 · employees

OPay — Valuation, Funding & Investors

Private

Founded in 2018, OPay operates in mobile banking / fintech. Its most recent disclosed valuation is $2B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OPay at a glance
Last valuation
$2B
POST-MONEY · AUG 2021
Raised across rounds
$570M
3 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

OPay valuation history

1 valuation. The latest, $2B post-money, was set by the Series C in Aug 2021.

Latest valuation
$2Bpost-money
Set by the Series C · 23 Aug 2021
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series C · $400M raised
Funding history

OPay funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Jul 2019
$50M
—
IDG Capital, Sequoia China, Source Code Capital
—
Series B
Nov 2019
$120M
—
—
—
Series C
Aug 2021
$400M
$2B
SoftBank Vision Fund 2
—
OPay · investors

Investors

SSoftBank Vision Fund 2LEADIDG CapitalLEADSSequoia ChinaLEADSSource Code CapitalLEAD
Will OPay IPO?
Founded
2018
Jul 2019
Series A
Aug 2021
Series C · $2B
IPO
Not announced
No filing has been made.
OPay — the private market
Last valuation$2B · post-money · Aug 2021
Total raised$570M
Lead investors
SoftBank Vision Fund 2IDG CapitalSequoia ChinaSource Code Capital
IPO statusNot announced
Founded · HQ2018 · Lagos · Nigeria
Employees≈ 3,700
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About OPay

OPay operates a one-stop financial services platform out of Lagos, Nigeria, offering a mobile wallet, free transfers between bank accounts, bill payments, a fee-free debit card and OWealth, a savings product paying daily interest through OPay Microfinance Bank. Launched around 2018 with backing from Chinese investors, the company set out to serve Nigeria's unbanked population and has since expanded into Egypt, Pakistan and Indonesia. OPay Business, a separate app, gives merchants omnichannel collection tools, branch and employee management, and access to more than 200 billers for airtime, data and utility payments.

The company reports more than 40 million users and over 10 million daily active users on its consumer platform. OPay is regulated by the Central Bank of Nigeria and operates offices in Lagos, Abuja, Abeokuta and Ibadan.

The money screen · ranked by accessibility

How to get OPay exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds OPay.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. OPay availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — OPay included.

No account needed

OPay stock — frequently asked questions

How can I get exposure to OPay?›

The routes section explains what is realistically available for a company at this stage.

Is OPay publicly traded?›

No. OPay is a private company; its shares do not trade on a public exchange.

What is OPay's valuation?›

The last valuation is $2B.

Who has invested in OPay?›

Lead investors for each round are in the funding timeline.

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