Storyline
Six African Fintechs Eye IPOs
Timeline
- Sun, Oct 11LatestUnverified — not yet reviewed
OPay Files for NYSE IPO, Posts $90.9M Half-Year Profit and Eyes Nigeria Secondary Listing
Nigerian fintech OPay has filed for a listing on the New York Stock Exchange, disclosing a $90.9 million profit for the first half of 2026 and approximately 50 million monthly active users. The filing also indicates OPay is considering a secondary listing on the Nigerian Exchange, a move that would make it one of the few African fintechs with a dual public market presence. Standard Bank's previously reported $200 million pre-IPO stake acquisition provides an institutional anchor heading into the offering.
- Sat, Oct 10Unverified — not yet reviewed
Standard Bank Takes $200M Stake in OPay Ahead of NYSE Listing
Standard Bank is acquiring up to a $200 million stake in Nigerian fintech OPay ahead of a planned US listing. The investment is being read as a landmark pre-IPO anchor transaction that resets valuation benchmarks for Nigerian fintech at scale.
- Fri, Oct 9Unverified — not yet reviewed
Six African Fintechs Tracking Toward IPO, Mostly on Offshore Exchanges
Six African fintech companies are tracking toward public listings, with most expected to list on offshore exchanges rather than domestic African markets. The cohort is being watched by continental investors as a gauge of the African fintech capital-markets pipeline.