Flutterwave, Africa’s most valuable fintech startup, has set its sights on profitability in 2025, according to CEO Olugbenga Agboola. Agboola, who made this revelation during a recent interview, also stated that the company is open to acquisition while remaining focused on long-term sustainability. With a valuation of over $3 billion and backing from investors such as Visa and Tiger Global, Flutterwave has been at the center of IPO speculation for years. CFO Mitesh Popat emphasized building stability to keep future options open, including a public listing. Founded in Nigeria, the company processes payments for both international and local clients, including Uber and Air Peace. The company operates across multiple African countries, including Ghana, Kenya, and South Africa, as well as over 30 US states.
Source: SEMAFOR
