Softbank-backed Opay Shelves IPO Plans after Regulatory Probe

Hours before its inaugural trading session in New York, OPay Limited (OPAY), a SoftBank (SFTBY) (SOBKY) (SFTBF)-backed digital-payment services company, halted its $304M initial public offering in the U.S., citing a regulatory inquiry. The Nigeria-based company identified

Hours before its inaugural trading session in New York, OPay Limited (OPAY), a SoftBank (SFTBY) (SOBKY) (SFTBF)-backed digital-payment services company, halted its $304M initial public offering in the U.S., citing a regulatory inquiry.

The Nigeria-based company identified the jurisdiction conducting

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