The Co-founder and Chief Executive Officer (CEO) of Flutterwave, Olugbenga Agboola, has maintained that the company remains committed to its planned Initial Public Offering (IPO) in spite of the current whirlwinds in the global digital payment space in order to realize its targets. The fintech expert, who gave this hint in an interview with Bloomberg […]
Flutterwave, one of the fast-growing digital payments startups in Africa, has denied reports of a hack on its platform which allegedly indicated that its customers lost about N2.9 billion to the incident. The company, it a statement on Sunday, maintained that its platform was not hacked as alleged by some news report but that it […]
Nigeria’s Vice President, Prof. Yemi Osinbajo on Tuesday disclosed that 4G coverage increased from 23% to 77.52% nationwide even as the nation’s broadband coverage had also surged from 33.7% to 44.65% over the past 2 years. Osinbajo made this disclosure during the 3rd Ministerial Performance Review Retreat in Abuja while appraising improvements recorded by the […]
Flutterwave, one of Africa’s leading payments technology start-ups, has announced that merchants can now accept eNaira payments from their customers on their platform apart from its other existing payment methods including cards, bank transfer, Barter by Flutterwave, amongst others. The eNaira is a digital currency issued and regulated by the Central Bank of Nigeria as […]
The Central Bank of Nigeria (CBN) has granted Flutterwave, one of Africa’s fastest growing digital payment services company, a Switching and Processing Licence for offering transaction switching and card processing services to customers. With the apex bank’s approval, the company can also provide non-bank acquiring, agency banking and payment gateway services to customers in the […]
The Chartered Institute of Bankers of Nigeria (CIBN) has charged banks and employees in the banking system to leverage more on technology to develop and deliver real time products and services to their increasingly growing and innovation-sensitive customers globally The President/Chairman of Council of the professional body, Dr. Bayo Olugbemi, gave the charge at the […]
Africa’s fast-growing financial technology (fintech) startup, Chipper Cash, has raised $100million in a Series C funding round, thereby pushing the fast-growing digital financial services provider to Unicorn status in Africa Led by SVB Capital, the investment arm of U.S. high-tech commercial bank, Silicon Valley Bank, the funding round also featured existing investors, namely Deciens Capital, […]