OPay Makes History with New York Stock Exchange Listing

Lars Boilesen, Co-Chief Executive Officer of OPay

“Today is a significant moment for OPay and Nigeria, where we launched OPay in 2018. Since then, we have pioneered seamless digital payments to become the country's leading digital financial platform, serving over 50 million users across Nigeria, Egypt, Pakistan, and Indonesia. I'd like to thank our employees, partners, and customers for their trust and commitment in what we are building together, and we will continue to further our mission of using technology to advance financial inclusion.”

Stephen Wen, Co-Chief Executive Officer of OPay

“As the #1 finance app by users across Africa and the Middle East, OPay is positioned to grow across large emerging markets with young, digital-first populations with rising smart phone penetration. In Nigeria, more than 60% of the population are underserved by traditional banks and rely on cash. As we grow, we will stay focused on solving our customers' pain points to make financial services accessible and convenient.”

James Perry, Chief Financial Officer of OPay

“OPay enters the public markets from a position of financial strength, reaching $1 billion revenue run rate in Q2 2026. For the first six months of 2026, we grew 137% year-on-year and reached 19% net margin. Our model translates high growth into profitability at scale. We are committed to deploying the proceeds of this listing with discipline by investing in the technology to drive growth in Nigeria and other markets across Africa, to deliver longer-term shareholder value.”