Story perspectives
Optasia Targets $365M for South Africa Expansion
10/8/2025
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Story summary
- Optasia plans to raise 6.3 billion rand ($365 million) in South Africa to acquire companies amid rising demand for digital finance.
- Optasia is Dubai-based, founded by Bassim Haidar.
- Optasia plans a 1.3 billion rand Johannesburg IPO, with founders offering 5 billion rand in shares via private placement.
- Morgan Stanley, Standard Bank Group Ltd., and Investec participate in the listing process.
