Olugbenga Agboola and Flutterwave Company
Olugbenga Agboola and Flutterwave Company
Olugbenga Agboola is the founder and CEO of Flutterwave, a fintech startup. Over 300 of his employees are dispersed among their San Francisco and Lagos locations. The ex-PayPal programmer and Google marketing manager oversaw the quickest ascent to billionaire classification for an African firm in less than five years.
Flutterwave 3.0 – new look, bigger goals, more fuel to our rocketship! 🚀
This new look demands more of us and we’re excited to step into this identity!
I hope you find this delightful as much as we found it fulfilling.
Check out our new look here – https://t.co/XuPnVB9Dnj pic.twitter.com/P6wzooRAO2— GB 🦋 (@TechProd_Arch) February 21, 2022
Flutterwave’s achievement makes 2021 Africa’s most robust year for technology fundraising as entrepreneurs jump on board to sail the extensive swing. The commendation for Flutterwave’s position is a recognition of the significance of investors in establishing startups and marketplaces, as well as the product’s embracing and diversification in Africa. Agboola and Flutterwave received huge congrats from Aboyeji, who also praised “angels and rebels” who gave life to an unbelievable undertaking.
Without the people and companies that wrote checks to support their rudimentary goals and objectives in 2016, Flutterwave’s plans wouldn’t have gotten off. Olugbenga Agboola implies that the organization wouldn’t be where it is today if it hadn’t received its Series A capital at the much-needed time, which enabled them to grow.
Angel investors, apprenticeship projects, venture industrialists, and individual integrity firms have advanced to give investment for Flutterwave. They are all multinational corporations and global communities that promote high-growth businesses. These individuals did not create or build Flutterwave products. However, by examining their contributions to the firm at various phases, we recognize the need for investor communities throughout Africa.
Flutterwaves’s Acceleration
Flutterwave was selected for YCombinator’s development program in August 2016, barely a few months after its establishment. Startups enroll in the YC initiative, not just for seed financing but also to exploit the partnership knowledge and the connection with other startups.
The Company’s Partnerships
Through networking opportunities, Zachariah George, a former banker at Barclays, was introduced to Flutterwave company. He chose to participate after he was prompted that their system would make it easier for African entrepreneurs to accept and transfer funds.
George heads Bootcamp’s Africa company and has participated in over 70 early-stage African startups, including Flutterwave. According to him, the endorsement from YC and other organizations with a similar profiles gives most entrepreneurs an extra leap in their steps.
Mastercard made a late 2018 investment. At the start of 2019, a collaboration with VISA resulted in the development of GetBarter, a cash transaction and financial planning software. Later that year, after Agboola participated in the eFounders Fellowship, a pioneers’ regimen run by Alibaba, Flutterwave was chosen by Ant Group as its partner for China-Africa transactions.
The Future of Flutterwave
With what could be once again another one for African innovation, Olugbenga Agboola intends to list Flutterwave on the stock market soon. A large number of the corporation’s existing shareholders will be given the opportunity to see their investment grow.
In conclusion, Olugbenga Agboola will continue to pledge integrity to clients, employees, and investors should Flutterwave become a publicly traded unicorn.