From Bloomberg via Malaysia's The Edge Markets, August 23:
SoftBank makes first Africa bet on OPay at US$2 bil valuation
SoftBank Vision Fund 2 led a US$400 million funding round for OPay, valuing the Nigerian mobile-payments platform at US$2 billion and marking the investment vehicle’s first bet in Africa.
Also participating in the round were Sequoia Capital China, DragonBall Capital, the venture arm of Chinese food-delivery giant Meituan, Redpoint China, Source Code Capital, SoftBank Ventures Asia and 3W Capital, according to OPay....
....MUCH MORE
Even though they are well past their glory days seeing Sequoia's name in a funding round gets my attention.
Thanks to a friend for the heads-up
