Opay Current Valuation in 2025: How Big Is the Fintech Worth?

Opay Current Valuation in 2025

As of early 2025, Opay’s valuation stands at approximately $2.75 billion, reflecting sustained growth since its last major funding round. This puts it among Nigeria’s most valuable fintech startups, backed by global investors and a rapidly scaling user base.

How Did Opay Reach $2.75 Billion?

Following its Series C funding round in 2021, Opay was valued at around $2 billion. Since then, investor filings—including those by Opera Limited (its parent company listed on NASDAQ)—have suggested a 30 to 35% increase in valuation, placing Opay at about $2.75 billion by the end of 2024. This estimate is based on Opera’s stake being valued at roughly $258 million for a 9.4 percent share.

What Fuelled the Valuation Jump?

Several factors have driven this increase:

Rapid user growth: Opay’s user base expanded significantly, reportedly quadrupling through 2023, while still maintaining profitability.
Strong revenue performance: Revenue rose by over 60% in constant currency terms, signaling continued financial momentum.
Massive transaction volumes driven by Nigeria’s cash redesign and fintech adoption—annual digital payments reached record levels.
Ongoing expansion across Nigeria and Africa, especially in agency banking and merchant services.

Why the Valuation Matters

Given Opay’s valuation trajectory—from $2 billion in 2021 to $2.75 billion by 2025—it has outpaced many local competitors and gained significant investor confidence. Key backers like SoftBank, Sequoia Capital, and Opera Limited continue to support its growth in Nigeria’s booming tech ecosystem.

Quick Fact Sheet

Latest Valuation (2025): ~$2.75 billion
Previous Valuation (2021): $2 billion
Funding Round: Series C raised ~$400M led by SoftBank’s Vision Fund
Stakeholder Value: Opera Limited’s 9.4% stake recently valued at ~$258 million
Growth Drivers: User acquisition, revenue growth, agent expansion, and market reach

How This Impacts You

As a user, agent, or merchant, this valuation confirms Opay’s credibility, financial stability, and capacity to evolve. Whether you're using the Opay Business App for sales, using its USSD service for transfers, or applying for an Opay POS machine, you're engaging with a platform backed by solid investment and institutional trust.

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