Who Owns OPay? A Look Behind the Scenes

Olamilekan Boluwatife

Opay

OPay, one of Nigeria’s top mobile payment platforms, is owned by Opera Limited, a Norwegian tech company. It was founded in 2018 by Yahui Zhou, a Chinese billionaire who also serves as the Chairman and CEO of Opera.

Zhou’s vision was clear: to simplify digital payments and expand access to financial services across Africa. Under his leadership, OPay has launched innovative features and built key partnerships that have helped it become a major player in Nigeria’s booming fintech space.

Key Figures Behind OPay

  • Owner: Opera Limited (Norway)
  • Founder: Yahui Zhou (Chinese billionaire and Opera CEO)
  • Current CEO: Olu Akanmu – leading OPay’s strategy and day-to-day operations in Africa

Backed by Global Investors

OPay's rapid growth has been supported by major international investors, including:

  • SoftBank
  • Sequoia Capital
  • IDG Capital

Their investment has strengthened OPay’s mission of driving financial inclusion and digital innovation across the African continent.

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