How much opay was funded in 2021?
Question: How much opay was funded in 2021?
Opay raised $400 million in Series C funding in August 2021, led by SoftBank Vision Fund 2. This round valued Opay at $2 billion.
Opay is a Nigerian mobile money and payment platform that was founded in 2018. It is one of the leading mobile money platforms in Nigeria, with over 10 million users. Opay offers a variety of services, including mobile money transfers, airtime and data recharge, bill payments, and online shopping.
Opay's $400 million funding round in 2021 was one of the largest fintech funding rounds in Africa. It is a testament to the company's growth potential and its role in driving financial inclusion in Africa.
Opay plans to use the funds from the Series C funding round to expand its services into new markets and to develop new products and features. The company is also committed to investing in its technology infrastructure and its team.
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