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

OPay Valuation: $2B After the Aug 2021 Series C

Private

OPay was last valued at $2B (post-money). It comes from the $400M Series C of Aug 2021. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OPay valuation · at a glance
Last valuation
$2B
POST-MONEY · AUG 2021
Lead investors
4
across 3 rounds
Raised across rounds
$570M
3 rounds
Date of last round
Aug 2021
closed 23 Aug 2021
Valuation history

How the OPay valuation has moved

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 rounds

OPay rounds and the valuation each one set

3 rounds
Round
Date
Amount
Valuation
Basis
Series C LATEST
23 Aug 2021
$400M
$2B
POST-MONEY
Series B
1 Nov 2019
$120M
—
—
Series A
10 Jul 2019
$50M
—
—
Lead investors
Leads: IDG Capital, Sequoia China, SoftBank Vision Fund 2, Source Code Capital.
Full funding history — OPay profile ›
What the valuation means

What the $2B actually measures

A private valuation is the price agreed in one transaction. The OPay valuation of $2B is a post-money figure from the Series C dated 23 Aug 2021 — the whole company measured after the $400M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $1.6B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2018 with roughly 3,700 people has no daily price and no order book between rounds.

Where the $2B comes from
EventSeries C, dated 23 Aug 2021
Basispost-money
Round size$400M
LeadSoftBank Vision Fund 2

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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