Standard Bank in Talks for Stake in OPay Ahead of US IPO

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Standard Bank in Talks for Stake in OPay Ahead of US IPO

LAGOS — Standard Bank Group, Africa's largest bank by assets, is in talks to take a stake in OPay ahead of the fintech's planned initial public offering in New York, Bloomberg reported. Citigroup, Deutsche Bank and JPMorgan are working on the listing, which is expected later in 2026 at a valuation of about $4 billion. The size of the stake was not disclosed.

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