Standard Bank is in talks to acquire a stake in OPay before the Nigerian fintech company pursues a U.S. IPO, though no final agreement has been reached and the deal remains uncertain. SoftBank Group- and Sequoia Capital-backed OPay is working with Citigroup, Deutsche Bank and JPMorgan on a New York listing. Founded in 2018, the company has about 50 million users in markets including Nigeria and also operates in Egypt and Pakistan. OPay doubled transaction volume to $358 billion in 2025 and became profitable. The discussions come as investors track rapid expansion in African digital payments, with McKinsey estimating fintech revenue across the continent could reach $47 billion by 2028, while mobile payments in sub-Saharan Africa have reached $1.4 trillion, or about 66% of the global total.