SoftBank-backed OPay raises $304 million in US IPO

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 30 Oct, 10:43 UTC

The Nigeria-focused firm sold 16 million American depositary shares at $19 apiece in the IPO, compared with its targeted range of $19 to $21, giving it a valuation of about $4 billion.

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Sources

• T1SoftBank-backed OPay raises $304 million in US IPOEconomic Times — Tech / Technology / Startups / ETTelecom30 Oct, 10:43