OPay Goes Public in the US, Offers Shares at $19 Each

OPay Goes Public in the US, Offers Shares at $19 Each

Nigerian fintech company OPay has officially made its debut on the New York Stock Exchange (NYSE), marking a major milestone in its growth and international .

The company priced its shares at $19 each, equivalent to approximately ₦25,590, ahead of its trading debut on Friday, October 30, 2026. Through the initial public offering (IPO), OPay raised approximately $304 million by offering 16 million American Depositary Shares (ADSs), according to its official IPO announcement.

The offering values the company at approximately $4 billion, placing it among the notable fintech companies with Nigerian operations to access the US public stock market.

The $19 offer price was at the lower end of OPay’s initial price range of $19 to $21 per share.

What Does the IPO Mean for OPay?

Founded in 2018, OPay has grown into a major digital financial services provider, particularly in Nigeria. Its services include money transfers, bill payments, savings, credit and payment solutions for individuals and businesses.

The company has expanded its operations beyond Nigeria, with a presence in markets including Egypt, Pakistan and Indonesia. It currently serves more than 50 million users across these markets, according to its listing announcement.

The funds raised through the IPO are expected to support OPay’s growth plans, including technology development, product expansion and entry into additional markets.

The listing also gives international investors an opportunity to participate in the company’s growth through the US stock market.

For Nigeria’s fintech industry, OPay’s NYSE debut represents another important step in bringing African technology businesses to the attention of global investors.

It also highlights the growing interest in digital financial services across emerging markets, where millions of people increasingly depend on mobile platforms for everyday financial transactions.

As OPay enters the public market, investors will be watching how the company manages its expansion, competition and long-term growth.