# OPay Makes History with New York Stock Exchange Listing

- Link: https://www.thailand-business-news.com/pr-news/opay-makes-history-with-new-york-stock-exchange-listing
- Published: 2026-10-30T22:07:00+07:00
- Author: PR Newswire

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NEW YORK, Oct. 30, 2026 /PRNewswire/ — OPay Limited ("OPay" or the "Company"), a
digital financial platform built to address the challenges of emerging markets, 
today commences trading under the ticker "OPAY" of its American Depositary Shares("
ADS") on the New York Stock Exchange ("NYSE").

**Lars Boilesen, Co-Chief Executive Officer of OPay,** said:

"Today is a significant moment for OPay and Nigeria, where we launched OPay in 2018.
Since then, we have pioneered seamless digital payments to become the country’s 
leading digital financial platform, serving over 50 million users across Nigeria,
Egypt, Pakistan, and Indonesia. I’d like to thank our employees, partners, and customers
for their trust and commitment in what we are building together, and we will continue
to further our mission of using technology to advance financial inclusion."

**Stephen Wen, Co-Chief Executive Officer of OPay,** said:

"As the #1 finance app by users across Africa and the Middle East, OPay is positioned
to grow across large emerging markets with young, digital-first populations with
rising smart phone penetration. In Nigeria, more than 60% of the population are 
underserved by traditional banks and rely on cash. As we grow, we will stay focused
on solving our customers’ pain points to make financial services accessible and 
convenient."

**James Perry, Chief Financial Officer of OPay, **said:

"OPay enters the public markets from a position of financial strength, reaching 
$1 billion revenue run rate in Q2 2026. For the first six months of 2026, we grew
137% year-on-year and reached 19% net margin. Our model translates high growth into
profitability at scale. We are committed to deploying the proceeds of this listing
with discipline by investing in the technology to drive growth in Nigeria and other
markets across Africa, to deliver longer-term shareholder value."

The Company is growing beyond payments into a broader financial and lifestyle platform–
offering savings, credit, and merchant services – with the ambition to serve billions
of users and millions of merchants in the coming decades, generating economic opportunity
and employment across the communities it serves.

**-END-**

**About OPay**

Launched in Nigeria in 2018, OPay is an integrated digital financial platform serving
over 50 million users across Nigeria, Egypt, Pakistan, and Indonesia. OPay connects
millions of consumers and businesses outside the traditional banking system to payments,
transfers, savings, credit, and merchant services that make everyday financial transactions
simpler, safer, and more accessible. For more information, visit [www.opay.ltd](http://www.opay.ltd/).

**Cautions Concerning Forward-Looking Statements**

This release contains "forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Readers are cautioned not to rely on these forward-
looking statements. These statements are based on current expectations of future
events. If underlying assumptions prove inaccurate or known or unknown risks or 
uncertainties materialize, actual results could vary materially from the expectations
and projections of OPay. Risks and uncertainties include, but are not limited to:
the satisfaction of customary closing conditions relating to the IPO; capital market
risks; and the impact of general economic or industry conditions. For a further 
list and descriptions of the risks, uncertainties and other factors that affect 
OPay’s business, please review its filings with the Securities and Exchange Commission.
Any forward-looking statement made in this press release speaks only as of the date
of this press release. OPay does not undertake to update any forward-looking statement
as a result of new information or future events or developments.

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