OPay withdraws planned $304M US IPO after foreign inquiry

OPay Limited has withdrawn its planned New York Stock Exchange listing, citing an inquiry in a foreign jurisdiction it has not named. Reuters reported that the company had priced 16 million shares at $19 each, valuing it at about $4 billion.

OPay targets $500M US IPO as H1 profit jumps 319%

OPay targets $500 million through a proposed New York IPO as revenue rises 136.5% and first half 2026 net profit jumps to $90.9 million.

OPay files for US IPO, considers secondary listing in Nigeria

OPay has filed for an IPO in the US, as it considers a potential secondary listing on the Nigerian Exchange.

The CBN announced a fintech licence shake-up in 2026, the process began a year earlier

In January 2026, a CBN director, Yemi Solaja told the Committee of Heads of Banks' Operations conference in Lagos that institutions including Moniepoint MFB, OPay, and Kuda Bank had already been upgraded.

OPay reportedly applies for digital banking licence in Egypt

OPay reportedly recorded significant growth in its 2025 financial year, with revenue increasing 161% to $536.25 million and net profit reaching $72.47 million.

PalmPay eyes Hong Kong IPO, joining OPay in Africa’s fintech listing race

PalmPay, the Africa-focused fintech, is reportedly preparing for an initial public offering in Hong Kong, according to Bloomberg.

OPay reportedly valued at $3B as early backer signals IPO plans

Opay's valuation reportedly skyrockets to $3.1 billion

New CBN rules for Agent Banking and why OPay stands out in the new era

CBN’s new agent banking rules are reshaping PoS, here’s how OPay helps agents stay compliant and grow.

OPay is losing Nigeria’s PoS agents to Moniepoint as CBN deadline nears

As the April 1 deadline approaches, thousands of OPay devices that were once active in Ekiti and beyond could be returned.

Nigeria mandates POS geotagging, placing a 60-day test on fintechs

While the move may disrupt informal operators, it’s expected to strengthen trust in digital payments and improve traceability across Nigeria’s financial system.

UBA eyes small business market with massive pos terminal launch

UBA has launched 46,000 smart PoS terminals in Nigeria under its new RedPay brand, in a strategic move to reclaim market share from dominant fintechs like Moniepoint, OPay, and PalmPay.

Nigerian fintechs resume customer enrollment after crackdown

Kuda Bank, Moniepoint, OPay, and Palmpay, have resumed customer enrollment activities after a regulatory suspension period.