Dubai-based fintech Optasia listed on the Johannesburg Stock Exchange in November 2025, raising R6.5 billion at R19 a share, giving a market capitalisation of R23.5 billion (about $1.4 billion). The listing was one of the first African technology initial public offerings in approximately six years.
Optasia provides AI-powered credit scoring and digital lending infrastructure to telecom operators and financial institutions across Africa, the Middle East and Asia. Its platform is designed to extend credit access to customers who would not qualify for traditional lending products, using data generated through mobile networks and digital transactions to assess creditworthiness in markets where conventional credit bureau records are thin or absent.