SOFTBANK-BACKED OPAY EYES DUAL LISTING

INDUSTRY DESK■ 1 MIN READ

WED, SEP 2, 2026

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Opay Digital Services, backed by SoftBank Group Corp., is exploring a secondary listing on Nigeria's stock exchange following a planned US IPO. The move would expand the fintech company's capital-raising strategy.

Opay, a digital payments and financial services platform operating across Africa, is weighing a Nigerian secondary listing after going public in the United States, according to sources familiar with the company's plans. The dual-listing strategy reflects growing interest from African fintech companies seeking to raise capital while strengthening ties to home markets. A US IPO would provide international exposure and access to broader investor bases, while a Nigeria listing would demonstrate commitment to the company's largest market and tap local institutional investors. Opay operates payment solutions, lending services, and merchant tools across multiple African countries. SoftBank's backing underscores investor confidence in the company's expansion trajectory. No timeline for either listing has been announced. The company declined to comment on the reports.

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► Bloomberg Tech

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SOFTBANK-BACKED OPAY EYES DUAL LISTING

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