Nigeria digital finance platform OPay reaches stock exchange milestone

OPay Ltd., a digital finance platform based in Nigeria, has announced it is now trading on the New York Stock Exchange under the ticker OPAY. This finance app aims to reach underserved populations, such as the more than 60% of underserved Nigerians, according to a press release.

OPay has seen significant growth since its launch in 2018, expanding services to more than 50 million customers in Egypt, Pakistan, Indonesia and Nigeria.

"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," James Perry, CFO of OPay, said in the release. "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."