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    9984   JP3436100006

SOFTBANK GROUP CORP.

(9984)
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SoftBank : African Fintech Opay Is Reportedly Raising $400m At Over $1.5b Valuation

05/27/2021 | 06:06am EDT

Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The fundraising is coming two years after OPay announced two funding rounds in 2019 -- $50 million in June and $120 million Series B in November.

The $170 million raised so far came from mainly Chinese investors who have collectively begun to bet big on African startups over the past few years. Some of them include SoftBank, Sequoia Capital China, IDG Capital, SoftBank Ventures Asia, GSR Ventures, Source Code Capital.

Copyright TechCrunch. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Financials
Sales 2022 5 951 B 54 250 M 54 250 M
Net income 2022 1 054 B 9 609 M 9 609 M
Net Debt 2022 13 879 B 127 B 127 B
P/E ratio 2022 12,1x
Yield 2022 0,66%
Capitalization 11 712 B 107 B 107 B
EV / Sales 2022 4,30x
EV / Sales 2023 4,15x
Nbr of Employees 58 786
Free-Float 49,4%
Chart SOFTBANK GROUP CORP.
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SoftBank Group Corp. Technical Analysis Chart | 9984 | JP3436100006 | MarketScreener
Technical analysis trends SOFTBANK GROUP CORP.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 15
Last Close Price 6 837,00 JPY
Average target price 11 266,93 JPY
Spread / Average Target 64,8%
EPS Revisions
Managers and Directors
Masayoshi Son Chairman & Executive President
Yoshimitsu Goto CFO, Director & Senior Managing Executive Officer
Raul Marcelo Claure Chief Operating Officer & Executive Vice President
Tim Mackey Chief Legal Officer & Group Compliance Officer
Masami Iijima Independent Outside Director
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