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This comes as Flutterwave continues to emphasize that its long-awaited initial public offering (IPO) will only happen once the company becomes profitable.
Agboola emphasized that the IPO’s timing isn’t just about being ready from an operational standpoint, but about delivering real, long-term value to its stakeholders.
Under the leadership of Agboola, Flutterwave continues its mission to connect Africa to the world and vice versa by simplifying payments.
As a security precaution, Flutterwave will notify some customers to migrate their accounts and is urging all customers to enable multifactor authentication, 3D security, and IP whitelisting.
Flutterwave has gained prominence in the fintech sector under the leadership of Nigerian billionaire Olugbenga Agboola.
Olugbenga Agboola’s involvement in this new fund further underscores his burgeoning influence in the African tech ecosystem.
Agboola, co-founder and CEO of Flutterwave, expressed the company’s excitement in partnering with Microsoft to accelerate financial inclusion in Africa.
Flutterwave CEO and Co-Founder, Olugbenga Agboola disclosed this strategic move in a recent media interview held in Nairobi.
Agboola believes this expansion will usher in an era of smoother financial transactions between the two regions.
Agboola’s stake in Flutterwave surged to a value exceeding $370 million after the company’s funding round last year in February.
Flutterwave, under Agboola’s visionary leadership, has emerged as a prominent player in the African tech ecosystem.
Agboola’s visionary leadership has propelled Flutterwave to the forefront of the African tech ecosystem.
Flutterwave is widely recognized as Africa’s most valuable tech startup.