SoftBank invests in Chinese-founded fintech start-up OPay after Masayoshi Son puts pause on China deals

Source: China – South China Morning PostA mobile payment start-up in Africa founded by Chinese billionaire entrepreneur Zhou Yahui has announced a fresh round of funding led by SoftBank, the Japanese multinational’s first big bet in Africa after CEO Masayoshi Son said he would pause investments in China amid regulatory uncertainty.OPay – an e-commerce and fintech start-up based in Nigeria – said in a Monday statement that it has raised US$400 million (HK$3.1 billion) from a consortium of companies led by SoftBank’s Vision Fund 2,…Read More

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