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SoftBank-Backed OPay Navigates IPO Challenges Amid Regulatory Scrutiny

Technology News

SoftBank-Backed OPay Navigates IPO Challenges Amid Regulatory Scrutiny

SoftBank-Backed OPay Halts IPO to Respond to Regulatory Inquiry

Bloomberg

SoftBank-Backed OPay Halts IPO to Respond to Regulatory Inquiry

OPay Ltd., a Nigeria-focused payments platform, halted an initial public offering on the New York Stock Exchange that was supposed to start trading on Friday, citing a regulatory inquiry.

SoftBank-backed OPay raises $304 million in US IPO

Reuters

SoftBank-backed OPay raises $304 million in US IPO

SoftBank-backed fintech OPay said on Friday it has raised $304 million in its US initial public ​offering, tapping public markets to position itself to benefit from ‌expanding digital finance...

SoftBank-backed OPay raises $304 million in US IPO

Economic Times

SoftBank-backed OPay raises $304 million in US IPO

The Nigeria-focused firm sold 16 million American depositary shares at $19 apiece in the IPO, compared with its targeted range of $19 to $21, giving it a valuation of about $4 billion.

Softbank-Backed OPay Prices at $4 Billion Value for New York IPO

Bloomberg

Softbank-Backed OPay Prices at $4 Billion Value for New York IPO

Softbank Group Corp.-backed OPay Ltd. priced its initial public offering in New York at $19 a share, valuing the Africa-focused fintech at about $4 billion.

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