OPay hires Citi, Deutsche, JPMorgan for $4bn US IPO

Businessday | 02-05-2026 09:56am |

OPay Digital Services Ltd., a prominent payments platform based in Nigeria, has engaged Citigroup, Deutsche Bank, and JPMorgan Chase to assist in its upcoming initial public offering (IPO) in the United States, which is projected to raise $4 billion. This strategic move is part of OPay's efforts to expand its operations and enhance its market presence. The involvement of these major financial institutions underscores the significance of the IPO in the global financial landscape. Further details regarding the timeline and specific plans for the IPO have yet to be disclosed.

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