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fintech: Olugbenga Agboola revolutionizes the African financial sector

09/04/2021
Categories: Sectors

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Nigerian Olugbenga Agboola has made his startup the third unicorn in the African financial sector. Its goal is to make all online payment systems interoperable. After raising $170 million, start-up Flutterwave has surpassed one billion dollars in capitalization, becoming the third "unicorn" of the financial sector on the continent.
The company co-founded and co-led by Nigerians Olugbenga Agboola and Iyinoluwa Aboyeji offer a technical solution that makes the multitude of existing online payment services interoperable.

The two young Nigerian computer scientists have also developed a unique application allowing merchants to collect payments on a simple mobile phone, without having to worry about the service used by the customer or the compatibility between the systems of different banks.

Today, Flutterwave is present in 15 countries, including the UK and considers Kenya as its priority market. And the young entrepreneur is already thinking about diversifications in education, online gambling, travel...

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