Nigeria: OPay Withdraws $304m New York IPO Over Regulatory Inquiry

[Daba Finance] Nigeria-focused fintech company OPay has canceled its $304 million initial public offering on the New York Stock Exchange after disclosing a regulatory inquiry in an unidentified foreign jurisdiction. The SoftBank-backed payments company had priced its shares and was scheduled to begin trading on October 30, 2026, before withdrawing the offering. OPay said the inquiry concerned a market that…