In commemoration of its 10th year anniversary, Olugbenga Agboola has secured a banking licence to transform his fintech, Flutterwave into a full-fledg
In commemoration of its 10th year anniversary, Olugbenga Agboola has secured a banking licence to transform his fintech, Flutterwave into a full-fledged bank.
The licence enables Flutterwave to hold funds and deposits directly, marking a significant milestone in its transition toward becoming a more comprehensive financial infrastructure platform which can simplify money transfers, speed up merchant settlements, and develop products that support sustainable long-term growth.
Gbenga has indeed come a long way from when he was openly accused of bullying, intimidation, sabotaging work opportunities by his staff member to being accused of using his platform for money laundering in the guise of providing merchant services and getting their services halted in Kenya and eventually getting cleared of all wrongdoings to hackers infiltrating their system an stealing N2.9 billion – through it all, Flutterwave weathered the storm, remained focused and is today one of the leading Fintechs in Nigeria if not Africa.
