Optasia officially lists on the JSE.

Loading player...
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.
4 Nov 4PM English South Africa Business News · Investing

Other recent episodes

How Walmart Can Achieve What Makro and Game Could Not?

Guest: The Finance Ghost – Retail Analyst Why are South Africans queueing for hours to walk into a store that, on paper, looks a lot like Game did ten years ago? And more importantly what does Walmart know that Makro and Game couldn’t crack? We unpack the frenzy behind Walmart’s…
4 Dec 4PM 16 min

Woolworths’ New Bag Colour - A Masterclass in Crisis Management?

Guest: Jeremy Sampson – Executive Chairman, Brand Finance Africa What happens when a grocery bag becomes the star of a national scandal? After businessman Vusimuzi “Cat” Matlala told Parliament he used a black Woolworths shopping bag to deliver R300 000 to former police minister Bheki Cele, the internet erupted with…
4 Dec 4PM 21 min

Channel Bundling Unpacked: Why DStv Says Discovery, CNN and 10 Others May Go Dark.

Guest: Nqobile Ndlovu – Cash N Sport Research Director According media updates, DStv subscribers were hit with a shock notification this week: 12 major Warner Bros Discovery channels including Discovery Channel, CNN International, Cartoon Network and Food Network could disappear on 31 December. Behind the push alert lies a much…
4 Dec 4PM 25 min