This InfoEast article explores the question What is OPay current valuation in 2026. OPay, a leading digital financial platform in Nigeria, is licensed by the Central Bank of Nigeria (CBN) and insured by the NDIC. Opay has risen from the ashes to become one of the most widely used financial systems in the country for a couple of reasons.
The Opay mobile app is extremely efficient, offering transactions in split seconds. Secondly, the app was the first to conceptualise using a customer’s phone number as their bank ID, instantly onboarding millions.
Finally, OPay offers interest-yielding savings through OWealth and integrates third-party loans. Its massive growth is driven by its extensive network of POS agents and a “zero-fee” incentive on most transfers. Then there are various utility transactions, such as electricity bills, Airtime and data, Betting, etc.
Opay achieved all this without physical bank branches, operating as a truly digital-first bank. Customers can apply for an ATM card via the mobile app and get it delivered to their chosen address within weeks.
All these features and customer-centric service have made Opay arguably one of Nigeria’s leading banks by customer base, as virtually every Nigerian has an Opay account, even alongside other existing accounts.
What is Opay’s Current Valuation in 2026
Valuations of fintech companies like Opay can only be revealed during fundraising campaigns, and Opay has had a couple of them in the past few years. Other forms of disclosure include SEC filings and regulatory agencies.
As of early 2026, OPay is valued at approximately $2.7 billion to $3 billion.
Read Also: How to Borrow Money from Opay in 2026
Its last formal funding round in 2021 was a $400 million Series C led by SoftBank. The funding round officially pegged Opay’s valuation at $2 billion. This was a 2021 figure, and the fintech company has obviously made more gains since then. More recent estimates are as follows.
- Opera’s SEC Filings: In 2025, regulatory filings from Opera Limited (a minority shareholder owning 9.4% of OPay) valued its stake at roughly $258 million, which implies an overall company valuation of $2.75 billion.
- Performance Growth: This valuation bump is attributed to OPay’s massive expansion in Nigeria, where it now serves over 50 million users and processes over $12 billion in monthly transactions.
- Profitability: OPay reached a milestone, posting its first monthly profit in 2024. This cements its status as one of Africa’s most valuable “unicorns” alongside competitors like Flutterwave and MoniePoint.
The SEC filing represents the most recent valuation of Opay, which pegs its current valuation at $2.75 billion
Opay Valuation History
| Year | Event | Valuation |
| 2019 | Series B funding | $500 million |
| 2021 | Series C Funding | $2 billion |
| 2025/2026 | Opera SEC filling | $2.7 billion – $3 billion |
How Does Opay Make Money
Opay makes money through various means, but the most significant is transaction fees, which account for about 70% of Opay’s revenue. Opay charges a small fee to facilitate large transactions after facilitating a few daily transactions for free. This fee could range from N10 to N50, depending on the transaction amount.
Opay makes money through other means, like a POS agent network, a Savings and Investment program, a Lending and credit program, etc.
Opay’s annual revenue is estimated at $500 million to $1 billion. These are unconfirmed results as Opay is a private company and does not disclose its revenue.
We hope this article thoroughly addressed the question What is Opay current valuation in 2026 ?. Thanks for reading.
