Optasia targets over 50% revenue growth as it prepares for JSE listing

OPTASIA, an innovative player in AI-enabled micro financing and airtime credit solutions, revealed its plans to list on the Johannesburg Stock Exchange (JSE) this November, targeting revenue growth exceeding 50% for its financial year ending in 2025, and over 25% in 2026.

- EDWARD WEST

The group is also targeting low to mid-twenties revenue growth percentages over the medium term, according to the pre-listing statement released Monday.

Optasia is looking to raise about R1.3 billion through a share issuance aimed at bolstering both organic growth and strategic acquisitions.

Additionally, a further R5bn through a secondary share sale will be procured via a private placement to selected institutional investors.

The company plans to offer up to 83.95 million shares, with an expected price range of R15.50 to R19 per share, making up 30.4% of its total share capital.

As of June 30, 2025, Optasia has established a robust network comprising 49 distribution partners and 13 financial institutions, boasting 121 million monthly active users across emerging markets.