While the firm has not yet disclosed the pricing or the volume of shares for the upcoming offering, the filing highlights a rapid expansion model centered on regions with limited access to traditional banking. Nigeria remains the company's primary engine, accounting for 88% of total sales in 2025. Beyond its domestic stronghold, OPay maintains operations in Indonesia, Egypt, and Pakistan.
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Nigerian Fintech OPay Targets New York Stock Exchange IPO
With revenue doubling to $536.3 million last year, Nigerian payments firm OPay has officially filed for an initial public offering in the United States. The company, which provides digital financial infrastructure across emerging markets, intends to list its American depositary shares on the New York Stock Exchange under the ticker symbol OPAY.
The business is split between two primary revenue streams. Loan financing accounted for approximately half of the company’s income in 2025, while the remainder came from transaction-based and loan-facilitation services. Looking ahead, management plans to leverage the capital raised to deepen its presence in further African markets, aiming to scale its digital financial ecosystem to reach populations currently underserved by legacy institutions.
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