OPay Halts IPO To Respond To Regulatory Inquiry
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Nigeria-focused payments platform OPay has halted its initial public offering on the New York Stock Exchange amid a regulatory inquiry. Shares of the SoftBank-backed fintech didn't begin trading as expected on Friday after the company raised 304-million dollars in a US IPO. Jennifer Zabasajja explains. (Source: Bloomberg)
Nigeria-focused payments platform OPay has halted its initial public offering on the New York Stock Exchange amid a regulatory inquiry. Shares of the SoftBank-backed fintech didn't begin trading as expected on Friday after the company raised 304-million dollars in a US IPO. Jennifer Zabasajja explains. (Source: Bloomberg)
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