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Valuation

$2.8B

2025 Revenue

$373M

Funding

$570M

Team

3.7K

Founded

2018

How Opay CEO Emmanuel Idogah grew Opay to $373M revenue with a 3734 person team in 2025.

Opay is a financial platform for payments, transfers, savings, loans, and other services, aiming to make financial services more inclusive through technology. It operates in the digital banking sector and offers services such as transactions, fund transfers, and payments.

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Opay Revenue

In 2025, Opay's revenue reached $373M. Since its launch in 2018, Opay has shown consistent revenue growth.

Opay Revenue GrowthReported revenue / ARR by year$0$100M$200M$300M$400M20182019202020212022202320242025$0$373MSource: GetLatka.com
YearMilestone
2025Opay Hit $373m revenue in June 2025
2018Launched with $0 revenue

Opay Valuation, Funding Rounds

Opay reached a $2.8B valuation in 2021, set during its Series C round.

Opay has raised $570M in total funding across 3 rounds, most recently a $400M Series C round in 2021.

Opay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$500M$1B$2B$2B$3B20182019202020212018 cumulative: $0 • 2018 Founded: $02019 cumulative: $50M • 2018 Founded: $0 • 2019 Venture Round: $50M2019 cumulative: $170M • 2018 Founded: $0 • 2019 Venture Round: $50M • 2019 Series B: $120M2021 cumulative: $570M • 2018 Founded: $0 • 2019 Venture Round: $50M • 2019 Series B: $120M • 2021 Series C: $400M @ $2B valuation$570M2018 Founded: $0 valuation2021 Series C: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series C$400M$2B20%
2019Series B$120M--
2019Venture Round$50M--

Opay Employees & Team Size

Opay employs approximately 3.7K people as of 2026.

Opay has 3.7K total employees in different roles and functions.

Opay Team GrowthReported headcount over time01,0002,0003,0004,00020182019202020212022202320242025003,7343,734Source: GetLatka.com
YearMilestone
2025Reached 3.7K employees (November 2025)

Founder / CEO

Emmanuel Idogah

Emmanuel Idogah is listed as Founder / CEO at Opay.

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Customers

We do not have customer count information for Opay yet.

Frequently Asked Questions about Opay

What is Opay's revenue?

Opay generates $373M in revenue.

Who founded Opay?

Opay was founded by Emmanuel Idogah.

Who is the CEO of Opay?

The CEO of Opay is Emmanuel Idogah.

How much funding does Opay have?

Opay raised $570M.

How many employees does Opay have?

Opay has 3.7K employees.

Where is Opay headquarters?

Opay is headquartered in Lagos, Nigeria.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

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