OPay May List On Nigerian Exchange Ahead Of $4bn US IPO

OPay Eyes Dual Listing Via IPO on Nigerian, US Stock Exchanges

By Adedapo Adesanya Nigerian-focused payment bank, OPay, is planning to list its shares on the Nigerian Exchange (NGX), Nairametrics has reported. According to the publication, the fintech company is expected to formally announce plans for listing on the local bourse soon. The development comes as OPay prepares for a potential initial public offering (IPO) in the […]

Nigeria Pushes For OPay, PalmPay To List Locally As Overseas IPOs Loom

Weeks after the head of the Nigeria Exchange Group (NGX) namechecked some of Nigeria’s biggest fintechs eyeing IPOs elsewhere while nudging them to also consider local listings, one of Nigeria’s largest fintech companies, OPay, is reportedly weighing listing its shares on the Nigerian Exchange, a move that could give local investors a stake in a business that generates nearly 90% of its revenue from the country. The proposed local listing comes …

OPay IPO Could Put Nigeria’s Capital Market to the Test

OPay’s planned IPO could be heading in a more complicated direction than a straightforward US listing. The Nigerian fintech, which has been associated with plans for a public offering at a valuation of about $4 billion, is now reportedly considering a listing on the Nigerian Exchange (NGX), potentially alongside an overseas debut. The possibility comes … The post OPay weighs NGX listing as its $4 billion IPO plans draw closer appeared first on T…

OPay May List On Nigerian Exchange Ahead Of $4bn US IPO

OPay is reportedly considering a listing on the Nigerian Exchange (NGX), potentially giving Nigerian investors an opportunity to own shares in one of the country’s biggest fintech companies before it pursues a planned initial public offering (IPO) in the United States. The proposed local listing would mark a significant development for Nigeria’s capital market, particularly as the SoftBank-backed payments company prepares for a potential US IPO …

OPay Mulling Nigerian Exchange Listing

OPay is mulling a listing on the Nigerian Exchange (NGX), amid growing calls for major fintechs to give Nigerian investors access to their growth. A sources familiar with the matter, told Nairametics that the company has not made any official announcement, but is reportedly weighing an NGX listing. Details on the timing, offer size, valuation and percentage of shares to be offered remain undisclosed. The reported consideration comes as OPay is a…

Nigerians to buy OPay shares as fintech giant plans NGX listing

Nigerians may soon buy OPay shares as the fintech plans an NGX listing, following revenue growth to $536.3 million and $4 billion US IPO ambitions.