Africa's Biggest Bank Targets Stake in OPay Ahead of IPO

Africa's biggest bank targets stake in OPay ahead of IPO

The potential investment in OPay followed Standard Bank Group’s disclosure that it plans to increase its investments in companies across Africa in June. The post Africa’s biggest bank targets stake in OPay ahead of IPO – Report appeared first on Premium Times Nigeria.

Standard Bank eyes stake in OPay ahead of planned $4bn US IPO

South Africa’s Standard Bank Group is in discussions to acquire a stake in Nigerian fintech giant OPay Digital Services ahead of the company’s planned initial public offering (IPO) in the United States, Bloomberg has reported. People familiar with the matter said the proposed investment could see Africa’s largest bank by assets take a stake in OPay before the fintech proceeds with its planned US listing. However, no agreement has been reached an…

Standard Bank eyes stake in OPay ahead of $4 billion US IPO

South Africa’s Standard Bank Group is in talks to acquire a stake in Nigerian fintech company OPay Digital Services ahead of its planned initial public offering in the United States, according to Bloomberg. The post Standard Bank eyes stake in OPay ahead of $4 billion US IPO appeared first on Nairametrics.