Which company has stakeholder with opay?
Question: Which company has stakeholder with opay?
OPay is a mobile payment platform that operates in several African countries, such as Nigeria, Kenya, and South Africa. It offers a range of services, such as money transfer, bill payment, ride-hailing, food delivery, and e-commerce.
One of the major stakeholders of OPay is Opera Software, the Norwegian company behind the popular Opera browser. Opera invested $40 million in OPay in 2019, and has been supporting its expansion and development ever since.
Another stakeholder of OPay is Meituan, the Chinese online platform that provides various services, such as food delivery, travel booking, and bike-sharing. Meituan participated in a $120 million funding round for OPay in 2019, along with other investors such as Sequoia China and IDG Capital.
OPay has also attracted interest from other companies, such as SoftBank and Facebook, who see its potential to grow and dominate the African mobile payment market. OPay claims to have over 300,000 agents and 5 million registered users across its markets, and aims to become a super app that offers multiple services in one platform.
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