# OPay funding: rounds and investors > OPay has raised $570M across 3 rounds since 2019. Investors include IDG Capital, Gaorong Capital and Source Code Capital. Every round with its source. Source: https://millionrounds.com/company/opay (Millionrounds; every figure on the page links to its filing or article) Norway · [Series C startup](https://millionrounds.com/companies) # Who invested in *OPay* 3 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Financial Services Fintech Internet Funding summary Updated 26 Oct 2026 **$570M** raised across 3 rounds since 2019, from 3 sources **$50M** Round **$120M** Series B **$400M** Series C - **Latest round:** Series C, $400M Aug 2021 - **Step-up i:** 3.3× - **Investors:** 15 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 **$50M** Round **$120M** Series B **$400M** Series C - **First round:** Round, $50M - **Biggest round:** $400M - **Usual gap between rounds:** 20 months ## The rounds - **Aug 2021** Series C **$400M** *4 new* *2 returning* [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [SoftBank](https://millionrounds.com/fund/softbank-2) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) Source recorded - **Nov 2019** Series B **$120M** *7 new* *3 returning* [IDG Capital](https://millionrounds.com/fund/idg-capital) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [GSR Ventures](https://millionrounds.com/fund/gsr-ventures) [Softbank Korea](https://millionrounds.com/fund/softbank-korea) [BAI capital](https://millionrounds.com/fund/bai-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) [Meituan-Dianping](https://millionrounds.com/fund/meituan-dianping) DragonBall Capital Redpoint China Reported by FinSMEs - **Jul 2019** Round **$50M** *4 new* [IDG Capital](https://millionrounds.com/fund/idg-capital) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) [Opera Ventures](https://millionrounds.com/fund/opera-ventures) Reported by TechCrunch ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2019 **Series B** 2019 **Series C** 2021 [IDG Capital](https://millionrounds.com/fund/idg-capital) [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) [HSG](https://millionrounds.com/fund/hsg) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [GSR Ventures](https://millionrounds.com/fund/gsr-ventures) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) [Softbank Korea](https://millionrounds.com/fund/softbank-korea) ## Everyone who backed them [IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **3** rounds [Gaorong Capital](https://millionrounds.com/fund/gaorong-capital) VC firm **2** rounds [Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **2** rounds [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **2** rounds [HSG](https://millionrounds.com/fund/hsg) VC firm **1** round [SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round [GSR Ventures](https://millionrounds.com/fund/gsr-ventures) VC firm **1** round [BAI Capital](https://millionrounds.com/fund/bai-capital-2) Investment firm **1** round [Softbank Korea](https://millionrounds.com/fund/softbank-korea) VC firm **1** round [BAI capital](https://millionrounds.com/fund/bai-capital) VC firm **1** round [Meituan-Dianping](https://millionrounds.com/fund/meituan-dianping) Growth equity **1** round [Opera Ventures](https://millionrounds.com/fund/opera-ventures) VC firm **1** round DragonBall Capital no record of our own yet **1** round Redpoint China no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=opay). ## Quick answers about OPay ### Who invested in OPay? OPay's investors include IDG Capital, Gaorong Capital, Source Code Capital, Sequoia Capital China and HSG, and 10 more on record. ### How much has OPay raised? OPay has raised $570M across 3 rounds since 2019. ### When did OPay last raise? OPay's most recent round was a Series C of $400M in Aug 2021. ### What was OPay's biggest round? Its most recent round, $400M in Aug 2021, is also its largest on record. ### Who backed OPay first? OPay's first round on record, in Jul 2019, was backed by IDG Capital, Source Code Capital and Sequoia Capital China and 1 others. ### What stage is OPay at? OPay's latest named round is a Series C, in Aug 2021. ### Where is OPay based? OPay is based in Norway. ## Companies like OPay In the same sector, and raised in the last eighteen months. [**Benford** $5.7M · Oct 2026](https://millionrounds.com/company/benford)[**Neonomics** $4.0M · Oct 2026](https://millionrounds.com/company/neonomics)[**Lea bank** $12M · Jun 2025](https://millionrounds.com/company/lea-bank)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app