OPay
OperatingOPay empowers users and enables them to accomplish more with their money by providing smart financial services.
- Financial Services
- Ikeja, Nigeria
- Series C
- Founded 2018
- operapay.com ↗
- Total raised
- $570M
- disclosed
- Last round
- $400M
- Series C
- Rounds
- 3
- since 2018
- Investors
- 13
- on record
- Employees
- 201-500
OPay funding and investors
OPay has raised $570M across 3 disclosed rounds. The latest is a $400M Series C announced 23 Aug 2021, led by SoftBank Vision Fund.
- Lead investors
- 4
- Largest round
- $400M
- Average round
- $190M
- disclosed rounds
- Round cadence
- 13 mo
- average gap
- $50MSeries ASeries A, $50M, $50M raised to date
- $120MSeries BSeries B, $120M, $170M raised to date
- $400MSeries CSeries C, $400M, $570M raised to date
SLA Funding Index · grey is capital raised before each round
OPay funding rounds3 · newest first
- Series C$400M
23 Aug 2021 · led by SoftBank Vision Fund
- Series B$120M
18 Nov 2019
- Series A$50M
09 Jul 2019 · led by IDG Capital
| Announced | Round | Lead · other investors | Amount | Post-money |
|---|---|---|---|---|
| 23 Aug 2021 | Series C | SoftBank Vision Fund · Source Code Capital, Softbank Ventures Asia, Sequoia Capital China, Redpoint Ventures China, Longzhu Capital, 3W Capital | $400M | $2B |
| 18 Nov 2019 | Series B | GSR Ventures, Gaorong Capital, IDG Capital, Meituan-Dianping, KUNLUN, Opera, Sequoia Capital China, Source Code Capital | $120M | |
| 09 Jul 2019 | Series A | IDG Capital · GSR Ventures, KUNLUN, Opera, Sequoia Capital China, Source Code Capital | $50M |
Investors in OPay13 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Sequoia Capital ChinaVenture Capital | Lead in 1 of 3 | Series A, Series B, Series C | Jul 2019 |
| Source Code CapitalVenture Capital | Lead in 1 of 3 | Series A, Series B, Series C | Jul 2019 |
| IDG CapitalVenture Capital | Lead in 1 of 2 | Series A, Series B | Jul 2019 |
| SoftBank Vision FundVenture Capital | Lead | Series C | Aug 2021 |
| GSR VenturesVenture Capital | Participant | Series A, Series B | Jul 2019 |
| KUNLUNVenture Capital | Participant | Series A, Series B | Jul 2019 |
| OperaPrivate Equity | Participant | Series A, Series B | Jul 2019 |
| Gaorong CapitalVenture Capital | Participant | Series B | Nov 2019 |
| Meituan-Dianping | Participant | Series B | Nov 2019 |
| Softbank Ventures AsiaVenture Capital | Participant | Series C | Aug 2021 |
| Redpoint Ventures ChinaVenture Capital | Participant | Series C | Aug 2021 |
| Longzhu CapitalVenture Capital | Participant | Series C | Aug 2021 |
| 3W CapitalVenture Capital | Participant | Series C | Aug 2021 |
Frequently asked about OPay
- How much funding has OPay raised?
- OPay has raised $570M across 3 disclosed rounds. Its latest, a $400M Series C, was announced on Aug 23, 2021.
- Who has invested in OPay?
- Backers include Source Code Capital, SoftBank Vision Fund, Softbank Ventures Asia, Sequoia Capital China and 9 others.
Profile updated Source: SLA Startup IndexHow we count →
