Optasia, the JSE-listed fintech that raised R6.5-billion in its November IPO, has reported maiden annual results that beat listing guidance. Revenue surged 76% to $265.4-million for 2025, with normalised net income up 57% to $57.8-million. The total value of credit facilitated grew 44% to $5.5-billion. Micro-financing solutions became the dominant revenue driver for the first time, growing 149% year-on-year to represent 63% of group revenue. Total service users grew 43% to 432 million across Africa and Asia. The company uses proprietary AI algorithms to assess creditworthiness via unstructured data from mobile operators. Default rates rose slightly to 1.2% but remained within expectations. Optasia also announced the acquisition of Finergi, a real-time credit platform embedded in prepaid electricity systems, extending its embedded finance strategy beyond telecoms. The company expects to outperform its listing guidance in 2026.

4m read timeFrom techcentral.co.za
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