SoftBank-Backed OPay Eyes $4 Billion Valuation in US IPO

OPay Digital Services , a payments platform focused on Nigeria and backed by SoftBank Vision Fund and Sequoia Capital , is preparing for an initial public offering (IPO) in the United States, Bloomberg reported Friday (May 1), citing unnamed sources. The company is seeking a valuation of $4 billion, which would double the $2 billion valuation it achieved in a 2021 funding round, and it could launch the IPO by the end of the year, according to the report. OPay did not immediately reply to PYMNTS’