Announced
Completed
Financials
Sources
Tags
Private
Venture Capital
Friendly
payment solutions
Private Equity
Payments / Commerce
Cross Border
Minority
Single Bidder
Nigeria
Completed
Acquisition
Synopsis
SoftBank Vision Fund 2 led a $400m funding round in OPay, a Nigerian mobile payments platform, with participation from Sequoia Capital China, Redpoint China, Source Code Capital, DragonBall Capital and 3W Capital. “We believe our investment will help the company extend its offering to adjacent markets and replicate its successful business model in Egypt and other countries in the region,” Kentaro Matsui, SoftBank Vision Fund 2 Managing Partner.
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