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OPay Halts IPO To Respond To Regulatory Inquiry

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Horizons Middle East and Africa Nov 2nd, 2026 OPay Halts IPO To Respond To Regulatory Inquiry Nigeria-focused payments platform OPay has halted its initial public offering on the New York Stock Exchange amid a regulatory inquiry. Shares of the SoftBank-backed fintech didn't begin trading as expected on Friday after the company raised 304-million dollars in a US IPO. Jennifer Zabasajja explains.

Horizons Middle East and Africa Nov 2nd, 2026 OPay Halts IPO To Respond To Regulatory Inquiry Nigeria-focused payments platform OPay has halted its initial public offering on the New York Stock Exchange amid a regulatory inquiry. Shares of the SoftBank-backed fintech didn't begin trading as expected on Friday after the company raised 304-million dollars in a US IPO. Jennifer Zabasajja explains.
IPO (ORG) Regulatory Inquiry Nigeria (ORG) the New York Stock Exchange (ORG) SoftBank (ORG) fintech (ORG) US (LOCATION) Jennifer Zabasajja (PERSON)
Originally published by Bloomberg Markets Read original →