Chinese GPs back Nigeria’s OPay
Nigeria-based online services platform OPay has raised a $50 million funding round with participation by a number of Chinese investors, including IDG Capital, Source Code Capital, Sequoia Capital China, Meituan-Dianping, and GSR Ventures.
Opera Software, the Norwegian web browser developer that incubated OPay and is also backed by IDG, participated in the funding round as well. OPay plans to use the new capital to strengthen its position...
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