Note: This is an IPO that consists of an offering of American Depositary Shares (ADS).

(Incorporated in the Cayman Islands)

We are a Singapore-based holding company. We operate OPay, Nigeria’s No. 1 digital banking platform and its No. 2 app in all categories based on daily active users as of July 31, 2026.

We are the No. 1 finance app in Africa and the Middle East with a 9.9 percent market share based on monthly active users in the six months that ended on June 30, 2026, according to Frost & Sullivan. We also serve customers in Indonesia, mostly by providing loan facilitation as well as in Egypt, where we provide merchant acquisition services, and in Pakistan, where we provide merchant acquisition and consumer wallet services.

For many Nigerians, earning money is not easy. People work hard for every Naira. In cities like Lagos, long commutes, unreliable cash access, and the pressure to move quickly make everyday payments harder than they should be.

Eric Chigozie Anyim, a Lagos-based accountant, describes how simple tasks like paying for transport or settling expenses can slow down his day: “OPay simplifies these everyday moments. Instead of relying on cash or juggling multiple ways to pay, I pay for services, send money, and receive payments through one app. My job depends on accuracy and organization. Being able to track transactions and manage expenses in real time helps me stay focused.”

Over the coming decades, we aspire to become a leading national payment app in more countries across Africa, serving billions of users and millions of merchants, while creating jobs and economic opportunity.

Note: Net loss and revenue are in U.S. dollars for the 12 months that ended on June 30, 2026.

(Note: OPay filed its F-1 for its IPO on Oct. 9, 2026, without disclosing the terms. Estimated proceeds are $100 million, a placeholder figure. Some IPO pros believe that OPay’s IPO could raise about $450 million to $500 million.)