Category: Opera

Opera’s OPay still plans Africa expansion on Nigerian super app
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Opera’s OPay still plans Africa expansion on Nigerian super app

Opera’s Africa fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay also continues to operate ORide for limited passenger service — though the company is shifting the motorcycle ride-hail operation toward logistics businesses. These were some of the updates offered by Opera’s…

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Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in
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Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in

Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its fintech products in Africa. Hindenburg Research issued a report claiming (among other things) that Opera’s finance products in Nigeria and Kenya have run afoul of prudent consumer practices and Google Play Store rules for lending apps.…

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