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Who Owns Opay? Full Details on Opay Ownership in 2025 |
If you're wondering who owns Opay in 2025, you're not alone. As Opay continues to dominate Nigeria’s fintech scene, more users are curious about the company’s ownership, origins, and global affiliations. Here’s a complete breakdown of who truly owns Opay, how it started, and its current leadership.
Who Owns Opay in 2025?
Opay is owned by Opera Limited, a Norway-based internet company. Opera Limited is listed on the NASDAQ stock exchange under the ticker symbol OPRA. The company is best known for its web browsers but expanded into fintech through Opay to tap into Africa’s mobile financial services market.
Opay was founded as a mobile payment platform by Opera Software in 2018 and has since grown into a full-fledged digital banking service in Nigeria and several other African countries.
Check also: Opay full name and origin
Is Opay a Nigerian Company?
While Opay is headquartered in Lagos, Nigeria, it is not 100% Nigerian-owned. It operates as a subsidiary of Opera Limited and receives significant funding and strategic direction from Opera and its global partners.
Major Investors in Opay
Opay has attracted global attention with several investment rounds, notably from:
- SoftBank Vision Fund
- Sequoia Capital China
- IDG Capital
- Redpoint Ventures
These investors collectively funded Opay with over $400 million by 2021, enabling rapid expansion and innovation.
Read more: How much Opay was funded in 2021
Who Is the CEO of Opay in 2025?
As of 2025, the CEO of Opay is Yahui Zhou, a Chinese tech entrepreneur and also the Chairman of Opera Limited. He has played a significant role in expanding Opay’s influence in Nigeria and across Africa.
Learn more: Who is the CEO of Opay
Final Thoughts on Opay Ownership
Although Opay operates locally in Nigeria and offers services tailored for the Nigerian market, it is globally owned. Understanding the ownership structure helps users trust the platform, knowing it is backed by strong international investors and management.
Opay’s success story is one of global investment, local impact, and innovative fintech services in Africa.
For more on Opay's services, visit the official Opay website or check how to open an Opay account easily today.
