08/20/2026
OPay: The Next Big African Fintech Exit?
OPay may be getting ready for its next big chapter: a potential U.S. listing that could put one of Nigeria’s largest fintechs firmly on the global capital markets map— at a potential $4 billion valuation.
Ahead of Midlo Angels potentially listing the OPay private placement opportunity for our members, we thought it was important to look beyond the headline and ask the harder question:
Is OPay really okay?
A friend of house, Tunde Akin-Moses of Sycamore Capital has taken a deep dive into OPay’s numbers, business model, profitability, proposed IPO and what investors should be thinking about before putting capital to work.
It’s a very timely read—and exactly the kind of homework we expect our members to do before investing.
Read Tunde’s analysis before we bring the opportunity to Midlo members via https://lnkd.in/efnqtRMH
As always: access to a deal is not the same thing as a reason to invest. Do the work. Ask the questions. Then make the decision.
Midlothian Angel Network
Zero to One. The Midlo Way.
