OPay

remittancespaymentsconsumerbill payments

FOUNDING YEAR: 2017
LOCATION: Canada
Last Update: 19/01/2021

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About

OPay empowers users and enables them to accomplish more with their money by providing smart financial services.

MEDICI Analysis

OPay is a digital mobile wallet developed by Opera which supports local mobile payment methods such as mPesa and Airtel money and card payments with Mastercard and Visa.

Focus

PRODUCTS & SERVICES

The products offering include - Send and request money - It allows users to choose from contact book or phone number to send or request money. Electricity bill - It allows them to pay for your prepaid electricity with OPay. Mobile data - It helps them to purchase data for family or friends from any network within the OPay app.

People

FOUNDERS

Geir Ivarsoy

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Gaorong Capital

GSR Ventures

IDG Capital

KUNLUN

Meituan-Dianping

Redpoint Ventures China

Sequoia Capital China

Softbank Ventures Asia

Source Code Capital

Opera

KEY EMPLOYEES:

Lars Boilesen (CEO)

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

2

TOTAL FUNDING

$170 M

DATE OF LAST FUNDING

Nov 2019

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$100M to $500M

FUNDING SERIES

SERIES A  · $50 M  · Jul 2019

SERIES B  · $120 M  · Nov 2019

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

Jul 2020

PRICE

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company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

1,427

AVERAGE VISITS (6 MONTHS)

1,352.64

MONTHLY VISITS GROWTH

-60.24%

VISIT DURATION

5

VISIT DURATION GROWTH

---

PAGE VIEWS VISIT

1.15

PAGE VIEWS VISIT GROWTH

-33.61%

BOUNCE RATE

86.87%

BOUNCE RATE GROWTH

1.55%

GLOBAL TRAFFIC RANK

5,937,343

MONTHLY RANK CHANGE

1,724,126

MONTHLY RANK GROWTH

40.92%

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