Opera’s Stake in OPay Valued at $258M, Suggests $2.75B Valuation for African Fintech
- Opera Limited's 9.4% stake in OPay is valued at $258.3 million as of December 31, 2024.
- OPay's overall valuation has reached approximately $2.75 billion.
- Opera recognized $94.8 million in unrealized fair value gains from its investment in OPay over the past two years.
While OPay's growth trajectory is promising, the reliance on volatile markets and the potential for unrealized gains to evaporate raises concerns about the sustainability of its valuation. Stakeholders should remain cautious and monitor the regulatory environment and competition closely.
