OPay Raises $304m in US IPO, Valued at $4bn, Puts Trading on Hold
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• Fintech sells 16m shares at $19 apiece, rings NYSE opening bell Nume Ekeghe and Sunday Ehigiator SoftBank-backed Nigerian fintech company, OPay, has raised $304 million through its initial public offering (IPO) in the United States, securing a valuation of approximately $4 billion, but has temporarily suspended the commencement of trading in its shares over an outstanding regulatory requirement in a foreign jurisdiction. The company, which marked its listing yesterday by ringing the opening
