Softbank-backed OPay plans to list in New York with up to $500 million in financing

According to people familiar with the matter, OPay Digital Services Ltd., backed by SoftBank Group, plans to launch an initial public offering (IPO) and private placement in the New York market, with plans to raise a total of US$500 million. $200 million of that will come from a partnership with Standard Bank Group Ltd. Simultaneous private placement.