Fintech firm OPay Limited has disclosed a $532.94 million short-term investment portfolio as of June 30, 2026, in its Form F-1 registration statement filed with the US Securities and Exchange Commission. The disclosure comes ahead of the company’s proposed initial public offering on the New York Stock Exchange. The portfolio, which represents 27.9% of OPay’s total assets, yielded 22% as of mid-2026. While highlighting the growth in investment income, OPay also identified potential liquidity and counterparty risks associated with its reliance on third-party Nigerian asset managers. OPay reported $467.06 million in revenue for the first half of 2026, with Nigeria accounting for nearly 90% of its earnings.