Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.
The startup will use the seed funding to expand its B2B marketplace that buys surplus and "imperfect" produce from smallholder farmers, aiming to boost incomes and enter new markets.
The listing is the first for Morocco's non-banking financial sector and will fund a digital and physical expansion as the country aims to boost its public markets.
Unlike many high-burn tech companies that listed in 2021, Optasia is coming to market with strong fundamentals. The company is profitable, reporting revenue of $150m in 2024 and a net profit of $36m.
Optasia, which made history in November 2025 as the largest fintech IPO on the JSE, uses proprietary AI to provide credit scoring and micro-lending to unbanked populations.