A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
The involvement of Fawry, Egypt’s dominant digital payments platform, also signals the growing convergence of payments and logistics in the country’s e-commerce ecosystem.
“We’re at an inflection point for AI in customer service, and we see more businesses starting to realise that they need a unified platform to succeed, not a patchwork of point solutions.”
Rabat's regulators confirm the forced break-up of the bank-owned payments monopoly, opening merchant acquiring to a new generation of digital players and slashing transaction fees for small shops.
Fintechs that treat this period as worth the resourcing cost are, at minimum, better positioned to anticipate the eventual rules than those that wait for a published standard to react to.
A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.
A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
Shares in the mobile payments group, spun out of telecoms operator Airtel Africa, start full dealings after a subdued conditional trading period that valued the business at £5.3bn