18/11/19 08:50 UTC-5

Opera is investing $120 million in the development of digital payments in Africa

Other$120 million from Opera for digital payments in Africa
$120 million from Opera for digital payments in Africa

OPay financial and technical startup from Opera developers allocated $120 million, which was provided by Chinese investors to financially distribute digital payments throughout Africa.


OPay scaling

According to the latest cryptocurrency news, OPay decided to invest $120 million in the distribution of a project designed for digital payments in Kenya, Ghana and South Africa. This round of investments included well-known representatives of venture capital: Sequoia China and Softbank Asia, IDG Capital, as well as Meituan-Dianping, GaoRong, Source Code Capital, BAI, Redpoint and GSR Ventures.

Since the first level of investment has passed, OPay's Nigeria business has reached $10 million in daily transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
volume. It is worth emphasizing that Opera is actively involved in the cryptocurrency industry in the African financial market, where their browser is the second most popular after Google Chrome.

Interesting in the section: Financial geography. Cryptocurrencies on the African continent


See also: "Visa is developing a fintech data exchange blockchain system"

#Opera #startup #OPay #cryptocurrency #payments #Africa #Nigeria #Kenya, Ghana #SouthAfrica

Editor: Alyona Deryabina