AI fintech Optasia aims to raise $375 million in South African listing


People chat next to the reception of the Johannesburg Stock Exchange (JSE), in Sandton, South Africa, August 1, 2025. REUTERS/Siphiwe Sibeko

JOHANNESBURG (Reuters) -Optasia, a fintech company partly owned by Ethos Capital, said on Wednesday it planned to list on South Africa's Johannesburg Stock Exchange and raise up to 6.3 billion rand ($375 million) by selling a combination of new and existing shares.

The company, which operates AI-powered financial services in 38 countries, will raise about 1.3 billion rand in an initial public offering and also hold a private placement of at least 5 billion rand for existing shareholders, it said in a statement.

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