AI Fintech Optasia Climbs in JSE Debut, Eyes Asia Expansion

The Johannesburg Stock Exchange in Johannesburg, South Africa. — The Johannesburg Stock Exchange in Johannesburg, South Africa.
Photographer: Waldo Swiegers/Bloomberg

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By Khuleko Siwele and Loni Prinsloo

November 4, 2025 at 5:00 AM UTC

Updated on

November 4, 2025 at 9:24 AM UTC

AI-powered fintech firm Optasia Group rose in its debut on the Johannesburg bourse that marked South Africa’s biggest initial public offering this year.

The stock opened at 20.75 rand Tuesday and was at 19.71 rand by 11:22 a.m., giving the Dubai-based firm a market value of 24.3 billion rand ($1.4 billion). Optasia placed shares at 19 rand apiece last week.