Test Your Knowledge on OPay’s Scrapped $304M US IPO

Question 1

Why did OPay terminate its planned IPO on the New York Stock Exchange?

Accepted Answer

Citing a regulatory inquiry in a foreign jurisdiction

Answer

Due to low investor interest

Answer

Company decided to focus on local operations

Answer

Issues with underwriters

Question 2

How much was OPay planning to raise from its IPO?

Accepted Answer

$304 million

Answer

$500 million

Answer

$200 million

Answer

$450 million

Question 3

Which market would have hosted OPay's secondary listing after the NYSE debut?

Accepted Answer

Nigerian Exchange

Answer

London Stock Exchange

Answer

Shanghai Stock Exchange

Answer

Johannesburg Stock Exchange

Question 4

What was OPay's revenue in 2025?

Accepted Answer

$536.3 million

Answer

$205.7 million

Answer

$467.1 million

Answer

$358.0 million

Question 5

Which sector contributed the most to OPay's revenue in 2025?

Accepted Answer

Lending services

Answer

Payment processing

Answer

E-commerce

Answer

Mobile recharge