Fintech One•On•One Olugbenga “GB” Agboola, CEO of Flutterwave, on creating African payments infrastructure
Africa is quietly becoming one of the hottest areas for fintech investment. I am overdue to focus on Africa here on the podcast, so when the chance to interview the CEO of the largest African fintech presented itself, I jumped at the opportunity. In a similar way to Latin America, Africa has leapfrogged from offline financial infrastructure to mobile-centric and the one company that has made much of this leapfrog possible, at least when it comes to payments, is Flutterwave.
My next guest on the Fintech One on One podcast is Olugbenga Agboola, who goes by GB, the CEO and Founder of Flutterwave, the most valuable fintech in Africa. I think of Flutterwave as a cross between Stripe, Shopify and Wise, and the technology they have built has revolutionized cross-border payments in Africa. It is hard to overstate how important this one company has been to the growth of fintech in Africa.
In this podcast you will learn:
- What drove GB to found Flutterwave.
- A short history of fintech innovation in Africa.
- How he describes Flutterwave today.
- The geographic footprint of Flutterwave.
- How they enable African small businesses to accept cross border payments.
- The evolving payment behaviors for both consumers and small businesses.
- What they are ultimately solving for in Africa.
- What GB means when he says “payment is partnership”.
- How the money moves internationally.
- Why they decided to rebuild the entire stack of their API suite.
- How they are ensuring compliance across their wide network.
- How they incorporate financial inclusion into their company goals.
- Why they are an inaugural partner of the Circle Payments Network.
- How they are investing in cybersecurity and anti-fraud tools.
- How they are supporting the next generation of African fintech leaders.
- GB’s vision for the future of payments in Africa and for Flutterwave.
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