Opera spinout OPay has secured a funding round from investors including its parent company and Meituan-Dianping.
Nigeria-based mobile payment company OPay today raised $50m in a funding round co-led by web browser producer Opera and local services platform Meituan-Dianping.
IDG Capital, Sequoia China, Source Code Capital and GSR Ventures co-led the round.
Spun out of Opera in August 2018, OPay operates a mobile payment service, though it has also expanded into verticals including motorbike ride sharing with ORide and launched a food delivery service called OFood.
The company has so far focused on unbanked users in…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
