SoftBank invests in Chinese-founded fintech start-up OPay after Masayoshi Son puts pause on China deals

//SoftBank invests in Chinese-founded fintech start-up OPay after Masayoshi Son puts pause on China deals

SoftBank invests in Chinese-founded fintech start-up OPay after Masayoshi Son puts pause on China deals

A mobile payment start-up in Africa founded by Chinese billionaire entrepreneur Zhou Yahui has announced a fresh round of funding led by SoftBank, the Japanese multinational’s first big bet in Africa after CEO Masayoshi Son said he would pause investments in China amid regulatory uncertainty.OPay – an e-commerce and fintech start-up based in Nigeria – said in a Monday statement that it has raised US$400 million (HK$3.1 billion) from a consortium of companies led by SoftBank’s Vision Fund 2,…

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By | 2021-08-24T09:24:04+00:00 August 24th, 2021|World|Comments Off on SoftBank invests in Chinese-founded fintech start-up OPay after Masayoshi Son puts pause on China deals