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

OPay competitors

Private

OPay has 6 close competitors: Klarna, M1 Finance, Acorns.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Peer set

Who competes with OPay

Sector, valuation and status for each competitor.

company profileOPay›
$2Bpost-money · Aug 2021
Founded 2018Nigeria
competitorKlarna›
$6.7Bas of Sep 2025
Founded 2005Public
competitorM1 Finance›
$1.4Bas of Jul 2021
Founded 2015Private
competitorAcorns›
$1.9Bas of Mar 2022
Founded 2012IPO filed
competitorADVASA›
$2.5Bas of Apr 2022
Founded 2017Private
competitorAirwallex›
$11Bas of Jun 2026
Founded 2015Private
competitorAjaib›
$1.5Bas of Aug 2026
Founded 2018Private
Head-to-head

OPay and its peers, side by side

A private valuation and a public market cap share one column; each row names its basis and date.

Company
Sector
Founded
Valuation / market cap
Status
HQ
On Canborsa
OOPay
Mobile banking / fintech
2018
$2Bpost-money · Aug 2021
PRIVATE
Nigeria
Company profile
Klarna
Financial technology (buy now, pay later / digital bank)
2005
$6.7Bpost-money · Sep 2025
PUBLIC
Sweden
Company profile
M1 Finance
Fintech (robo-advisory brokerage, borrowing, banking)
2015
$1.4BJul 2021
PRIVATE
United States
Company profile
Acorns
Fintech / micro-investing
2012
$1.9BMar 2022
IPO FILED
United States
Company profile
ADVASA
Earned wage access / payroll advance fintech
2017
$2.5BApr 2022
PRIVATE
Japan
Company profile
Airwallex
Fintech / cross-border payments
2015
$11Bpost-money · Jun 2026
PRIVATE
Singapore
Company profile
Ajaib
Fintech
2018
$1.5Bpost-money · Aug 2026
PRIVATE
Indonesia
Company profile
Context · reading the peer set

Where OPay meets its rivals

What OPay sells, and where the rivals meet it

A fintech company providing digital wallet, payments, loans and mobile banking services focused on emerging markets, initially built for Nigeria's unbanked population and since expanded to Egypt, Pakistan and Indonesia.

OPay competes with 6 companies here: Klarna, M1 Finance, Acorns, ADVASA, Airwallex, Ajaib.

A private valuation and a public price

OPay was last valued at $2B (post-money, Aug 2021). That price was agreed in one transaction and holds until the next round. A listed competitor is repriced every trading session.

OPay on Canborsa
MarketClosest: HOOD-PERP
Fees0.07% per side · 0.14% round-trip
Fundingevery 1h

OPay competitors — 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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