OPay posts surging revenue in US IPO filing
Africa focused fintech firm OPay reported more than doubled revenue in its US initial public offering filing. The company posted a net income rise alongside plans for a New York listing.
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Africa-focused digital payments company OPay revealed a revenue increase to $467.1M in its United States IPO filing on Friday morning. The filing arrives despite elevated interest rates dampening investor appetite across global markets. The fintech's public debut tests whether high-growth emerging market assets can still command venture-backed valuations.
