SoftBank-backed African fintech company OPay Ltd. has completed its initial public offering in New York, according to Techub News, citing Bloomberg. The company priced its shares at $19 each in the offering. Based on that pricing, OPay was valued at about $4 billion after the IPO. The brief report identifies OPay as an African fintech firm and notes SoftBank Group as a backer. No additional deal terms were disclosed in the source provided. The listing marks OPay’s completion of a public offering in New York, with the share price and valuation standing out as the key figures reported in the update.
SoftBank-backed African fintech company OPay Ltd. has completed its initial public offering in New York, according to Techub News, citing Bloomberg.
The company priced the offering at $19 per share, giving it an approximate valuation of $4 billion.
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