Why does Africa’s biggest bank want a stake in OPay?
Standard Bank is reportedly in preliminary talks to acquire a strategic pre-IPO stake in OPay, ahead of the fintech’s proposed $4B US listing.
@jovebosco looks at what the deal could mean for both sides, as one of Africa’s biggest traditional banking groups eyes a stake in one of the continent’s biggest fintech success stories.
Elsewhere this week, Blockradar passed $1B in processed stablecoin volume, Quidax added Kenyan shilling wallets and payouts, and Ghana expanded its virtual asset sandbox.
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@jovebosco's take, plus this week’s biggest African fintech news, in This Week in Fintech Africa: