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.
The new law creates a dual-oversight model that pragmatically divides responsibilities between existing regulators rather than inventing yet another government agency.
The quarter’s activity highlights a continued reliance on international capital, with strategic corporate investors and US-based accelerators also featuring prominently.
As the $75bn fintech submits banking licence applications in South Africa and Morocco, seasoned industry veterans are taking the helm in what could prove the company's most complex expansion yet.
