how much opay was funded in 2021

OPay was funded with about 400 million U.S. dollars in 2021 through a major Series C round led by SoftBank’s Vision Fund.

Quick Scoop

• In August 2021, OPay closed a Series C funding round of roughly 400 million dollars.

• This round valued the company at around 2 billion dollars, making it one of Africa’s notable fintech unicorns at the time.

• The funding was led by SoftBank Vision Fund 2, with participation from investors such as Sequoia Capital China and others.

Simple breakdown

• Year: 2021
• Round: Series C
• Amount raised: ≈ 400 million USD
• Approximate valuation after round: 2 billion USD
• Main purpose: Expansion across African and Middle Eastern markets, and strengthening its digital payments and financial services infrastructure.

Information gathered from public forums or data available on the internet and portrayed here.