Just a short while after securing the approval of Nigeria’s Apex Bank, Central Bank of Nigeria (CBN), to commence international money transfer in Nigeria; the Nigeria-based fintech company OPay has raised $120 million Series B funding from a group of Chinese investors. Participating in the round include existing investors Meituan-Dianping, Source Code Capital, IDG Capital, Sequoia China and GSR Ventures who funded the company’s $50 million raise in July.
Day: November 18, 2019
USD $250,000 African Netprenuer prize goes to Nigerian
“We have to find the business that is simple, that has impact and that is profitable,” – Jack Ma