OverviewSuggest Edit

OPay (Operapay) is a provider of mobile payment services. It develops a one-stop mobile-based platform for payment, transportation, food and grocery delivery, and other important services in everyday life.

TypePrivate
Founded2018
Websiteoperapay.com

Latest Updates

Employees (est.) (Sept 2021)1,364(+3%)
Cybersecurity ratingCMore

OPay Financials and Metrics

Summary Metrics

Founding Date

2018

OPay total Funding

$170 m

OPay latest funding size

$120 m

Time since last funding

2 years ago

OPay investors

OPay's latest funding round in November 2019 was reported to be $120 m. In total, OPay has raised $170 m
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OPay Operating Metrics

Nov, 2019

Agents

140 k

Daily Transaction Volume

$10 m
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OPay Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

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OPay Online and Social Media Presence

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OPay News and Updates

African fintech OPay raises $400m - Bloomberg

OPay, the startup behind one of Nigeria's leading mobile payments services, has raised $400 million in a funding round led by SoftBank Vision Fund 2, according to Bloomberg.

African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding

Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. The round which marks the Fund’s first investment in an African startup had participation from existing investors l…

SoftBank Makes First Africa Bet on OPay at $2 Billion Valuation

SoftBank Bets on Fintech Startup OPay at $2 Billion Valuation

What The Chipper, Flutterwave, OPay And Tyme Bank Mega-Rounds Mean For The African Tech Scene

2021 has been a big year so far for technology – and fintech specifically – in Africa. In February, Tyme Bank raised $109m. In March, Flutterwave raised its $170m unicorn round. Last month, OPay reportedly raised $400m at a $1.5b valuation. And most recently, Chipper Cash raised $100m.

African fintech OPay is reportedly raising $400M at over $1.5B valuation

Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The fundraising is coming two years after OPay announced two funding rounds in 2019 — $50 million in June and a $120 million Series B in November. The $170 million raised …

Opera’s OPay Eyes North Africa After Nigeria Success

Opera’s OPay Eyes North Africa After Breaking-Even in Nigeria
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OPay Frequently Asked Questions

  • When was OPay founded?

    OPay was founded in 2018.

  • How many employees does OPay have?

    OPay has 1,364 employees.

  • Who are OPay competitors?

    Competitors of OPay include Nuvei, Banking Circle and FinAccel.