OPay was funded with about 400 million US dollars in 2021 , raised in a major Series C round in August that valued the company at around 2 billion dollars.

Quick Scoop: OPay’s 2021 Funding

  • In 2021, OPay secured a Series C funding round of roughly 400 million USD.
  • The round took place in August 2021 and significantly boosted OPay’s growth plans in Africa and parts of the Middle East.
  • This funding reportedly pushed OPay’s valuation to about 2 billion USD , making it one of Africa’s top fintech unicorns at the time.

Who backed the round?

  • The round was led by SoftBank Vision Fund 2.
  • Other participants included Sequoia Capital China, Redpoint China, Source Code Capital, SoftBank Ventures Asia, 3W Capital, and DragonBall Capital , among others.

Bigger picture

  • Across all its disclosed rounds (2019–2021 and beyond), OPay has raised around 570 million USD in total funding as commonly reported in fintech databases.
  • The 2021 raise is widely noted as one of the largest single funding rounds for an African tech startup up to that point.

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