OPay Digital Services
Latest round
- Series C
Last raised
- Aug 2021
Total raised
- $570M
Investors
- 16
About OPay Digital Services
Based in Lagos, Nigeria, and founded in 2018 by CEO Yahui Zhou, OPay Digital Services Limited operates as a developer of a mobile payment platform intended to send and receive money from any bank in Nigeria. OPay is a one-stop mobile-based platform for payment, transportation, food and grocery delivery, and other important services in everyday life. It also allows unbanked and underbanked users in Nigeria to send and receive money and pay bills through a network of thousands of agents. The company generates revenue by charging its users a 3% service fee for every transaction. OPay's monthly transaction volumes exceeded USD 3 billion, driven by its strong network of 300,000 agents and 5 million registered app users. OPay plans to extend its offering to adjacent markets and replicate its successful business model in Egypt and other countries in the region.
Who invested in OPay Digital Services
16 investors across 3 rounds
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Questions about OPay Digital Services
Who invested in OPay Digital Services?
OPay Digital Services has 16 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OPay Digital Services raised?
OPay Digital Services has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did OPay Digital Services last raise money?
OPay Digital Services's most recent round on record is a Series C, in Aug 2021.
What does OPay Digital Services do?
Based in Lagos, Nigeria, and founded in 2018 by CEO Yahui Zhou, OPay Digital Services Limited operates as a developer of a mobile payment platform intended to send and receive money from any bank in Nigeria.
Where is OPay Digital Services headquartered?
OPay Digital Services is headquartered in Lagos, Nigeria.
Which VCs invest in companies like OPay Digital Services?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at OPay Digital Services's stage. Their profiles are linked below.
VCs backing financial services startups at Series C
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