Optasia officially lists on the JSE.
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GUEST: Salvador Anglada – CEO of Optasia
A major milestone for Africa’s fintech story Dubai-based Optasia has officially debuted on the Johannesburg Stock Exchange (JSE) after a R6.5 billion initial public offering, priced at R19 per share and several times oversubscribed. The listing gives the AI-powered fintech group a market capitalisation of R23.5 billion, marking the largest fintech IPO on the JSE since 2018.
Optasia operates in 38 countries, processing more than 30 million loan transactions daily for over 120 million users many of whom are underserved by traditional financial systems. Partnering with mobile giants like Vodacom and MTN, the company uses advanced AI to extend microcredit and digital financial access through mobile operators and banks.
A major milestone for Africa’s fintech story Dubai-based Optasia has officially debuted on the Johannesburg Stock Exchange (JSE) after a R6.5 billion initial public offering, priced at R19 per share and several times oversubscribed. The listing gives the AI-powered fintech group a market capitalisation of R23.5 billion, marking the largest fintech IPO on the JSE since 2018.
Optasia operates in 38 countries, processing more than 30 million loan transactions daily for over 120 million users many of whom are underserved by traditional financial systems. Partnering with mobile giants like Vodacom and MTN, the company uses advanced AI to extend microcredit and digital financial access through mobile operators and banks.
