OPay Limited decided on October 30, 2026 not to complete its previously announced initial public offering after a regulatory inquiry concerning a jurisdiction immaterial to its operations; ADSs will not trade on the New York Stock Exchange.
OPAY · OPAY Ltd · Documents
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OPay Limited is offering 16,000,000 ADSs in an initial public offering at an expected US$19.00 to US$21.00 per ADS, with an application to list on NYSE under symbol “OPAY.”
OPay Limited is pursuing an initial public offering of ADSs on NYSE under “OPAY.” Concurrently, Stanbic Africa Holdings Limited will subscribe for ordinary shares at the lower of US$200,000,000, 0.98% of Standard Bank Group Limited’s regulatory capital, or a 4.99% stake.