OPay files for New York listing with valuation estimated at $4 billion

First reported by Semafor at · Updated · 2 sources

The Nigerian payments and lending app's revenue more than doubled in the first half of the year, while lending overtook payments, according to Semafor. The Next Web reports that earlier estimates put its likely valuation at about $4 billion and, citing bne IntelliNews, dates the filing to October 9.

  • The Next Web identifies the intended listing venue as the New York Stock Exchange.

Covered by 2 publishers within 2 hours of the first report.

Reporting2

Semafor OPay readies $4B New York IPO · Yinka Adegoke
The Next Web Nigerian fintech OPay files for New York IPO, Semafor reports · Alina Maria Stan