28th February 2022 – (Cairo, Egypt) OPay Egypt, the leading fintech and electronic payments company, has announced the opening of its first “OPay” store in Egypt in the Downtown area in the 5th Settlement, to offer all the company’s services and products for individuals and corporates. The move comes as part of OPay’s expansion plan in the…
According to a press report published by Forbes Middle East, OPay has received widespread support in Egypt. The Nigeria-based fintech firm is unquestionably one of Africa’s fintech unicorns and one of the continent’s most valuable startups. Since its initial launch in Egypt at the beginning of 2021, it has also been regarded as one of…
Over the last year, there have been several changes in the economies and structures of African countries. Due to the COVID-19 epidemic, several people were forced to stay at home and go primarily cashless. Africa’s Fintech stepped in to help, providing Africans with cutting-edge technologies that allowed them to access the best financial services available….
The African tech startup space has continued to be dominated by financial technology companies. These fintech companies have gained more traction, attracted more funding and generally have positioned themselves as the beacons of the African tech space. ? All the top 6 funding raised on the continent so far in 2021 have been raised by…
Made up of 250 top private companies leveraging technology to solve challenges in the financial services industry, CB Insights has unveiled the fourth annual Fintech 250. The Fintech 250 includes the most promising fintech companies from around the world, operating in capital markets, insurance, digital banking and wealth management. Companies in this year’s cohort have…
A $2 billion fintech startup has become Africa’s fastest unicorn Written By Alexander Onukwue In less than three years, OPay has gone from a curious startup known for its motorcycles in Lagos, Nigeria, to a financial services company worth $2 billion. The latest valuation comes after it raised $400 million from a round led by SoftBank,…
African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding Written by Tage Kene-Okafor Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. The round, which marks the fund’s first investment in an African startup, drew…