Fintech Beat
Can Africa’s Payments Unicorn Conquer the World?
Aug 30, 2023
Olugbenga Agboola, CEO of Flutterwave, demystifies building digital infrastructure in Africa and shares lessons learned. They discuss Flutterwave's impact on the global finance industry, simplifying payments in Africa, compliance challenges in the payments industry, and the future of money and payments. They also highlight Flutterwave's future steps of delivering the best customer experience and enabling business growth across Africa.
25:55
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Quick takeaways
- Flutterwave aims to create a single, integrated payment infrastructure for the entire continent of Africa, solving the challenge of fragmentation and enabling seamless payments across countries.
- Flutterwave's focus on simplicity and customer experience, rather than complex technologies, positions them to become a premier payment solution provider globally.
Deep dives
Flutterwave: Revolutionizing Payment Infrastructure in Africa
Flutterwave is a leading payment processing platform in Africa, offering services similar to PayPal and Square. With a presence in over 30 countries, Flutterwave provides tools for businesses to send and collect payments, process payments, and issue credit cards. It has become a vital infrastructure company in Africa, empowering companies like Uber and enabling small businesses to receive payments from around the world. Their product, SendWave, simplifies money transfers from the US and other countries to Africa. Flutterwave's focus on simplicity and ease of payments sets it apart, making payment experiences seamless and efficient for both consumers and enterprises.
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