Opera’S Stake in Opay Valued at $258M, Suggests $2.75B Valuation for African Fintech

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Opera’S Stake in Opay Valued at $258M, Suggests $2.75B Valuation for African Fintech
Opera’S Stake in Opay Valued at $258M, Suggests $2.75B Valuation for African Fintech

Africa-Press – Eswatini. Opera Limited, a technology company registered in the Cayman Islands and owned by Chinese interests, has reported a notable rise in the valuation of its minority stake in OPay, one of Africa’s fastest-growing fintech companies. As per Opera’s latest regulatory filings with the US Securities and Exchange Commission (SEC), the value of its 9.4% stake in the Nigerian digital payments firm was $258.3 million as of December 31, 2024. This implies an overall valuation of OPay at roughly $2.75 billion.

Opera Limited, a technology company registered in the Cayman Islands and owned by Chinese interests, has reported a notable rise in the valuation of its minority stake in OPay, one of Africa’s fastest-growing fintech companies. As per Opera’s latest regulatory filings with the US Securities and Exchange Commission (SEC), the value of its 9.4% stake in the Nigerian digital payments firm was $258.3 million as of December 31, 2024. This implies an overall valuation of OPay at roughly $2.75 billion.

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