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SoftBank-Backed OPay Wins $185 Million Standard Bank Placement

Source: Bloomberg

FintechPrivate Markets & VentureIPOs & SPACsEmerging Markets

SoftBank-backed OPay Digital Services secured about $185 million in a private placement with Africa’s biggest bank as it prepares for a US listing. The funding is a positive financing milestone, though no valuation, listing timetable, or other deal terms were reported.

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