StocksMedium•4 November 2026•
1 min read
OPay's New York Listing Stall Halts Standard Bank Group Investment
Key Facts
1OPay's $4 billion New York listing has stalled following inquiries from a Chinese regulator.
2The IPO withdrawal has put a planned investment from Standard Bank Group on hold.
OPay's $4 billion New York Stock Exchange listing has stalled following inquiries from Chinese regulators. Business Insider Africa reported that the IPO withdrawal has put a planned investment from Standard Bank Group on hold, as the lender's participation was contingent on the completion of the offering, which had been priced at $19 per share.
Shares of Standard Bank Group, trading under the ticker SGBLY, closed at $17.86 on November 3, 2026. The listing suspension follows a period of growth for OPay, which reported $467 million in revenue for the first half of 2026, with its Nigerian operations accounting for 89.5% of that figure according to company filings.