Browsing: U.S. Chamber of Commerce Africa Business Center

Flutterwave
  • In 2018, fintech Flutterwave received a series A funding of $20 million, setting its pace ahead of most of its competition.
  • In 2022, Kenya’s tech Industry accumulated $574.8 million in funding, showcasing its tech startups’ potential.
  •  Mr Oluwabankole Falade claimed that Fluttwerwave recognizes Kenya’s invaluable role in East Africa.

Nigerian fintech company Flutterwave has picked Kenya as its hub as the firm seeks to grow its presence across East Africa. This announcement signal’s Kenya’s growing significance in Africa’s digital transformation and competitiveness in business.

Olubenga Agboola, CEO of Flutterwave, said the organization is propelling financial inclusion in the country. Started in 2010, Flutterwave facilitates cross-border payment transactions of both small and large African businesses.

Flutterwave is among the few organizations to tap into Africa’s rising virtual economic community; the Web3 Community. One of its main selling points is its ability to integrate blockchain technology and use it to drive financial