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Optasia

Optasia Group (Ticker: OPA SJ) is a Dubai-headquartered fintech company focusing on AI-powered financial services such as micro-financing and mobile airtime credit across emerging markets. Optasia plans to list on the Johannesburg Stock Exchange on November 4, 2025, offering 273.95 million shares at ZAR 19.00, raising ZAR 5.21 billion (USD 303.55 million pre-shoe). The IPO priced at the top of the expected ZAR 15.50–19.00 range on October 30, 2025 and implies a market capitalization of ZAR 23.5 billion (USD 1.36 billion). The deal comprises approximately ZAR 1.3 billion of primary shares and ZAR 4.37 billion of secondary shares, with a 15% greenshoe. Investec Ltd. is the manager. According to the company, Optasia operates in 38 countries, with around 121 million monthly active users and processes over 32 million loan transactions daily; distribution partners include MTN, Vodacom and Airtel. The company is partly owned by Ethos Capital and is raising capital alongside a private placement for existing shareholders.

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Shawbrook Group

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November 5

Exzeo Group