Flutterwave Seeks Fair Playing Ground For Fintech Companies

The Chief Executive Officer of Flutterwave, Olugbenga Agboola, has asked the Securities and Exchange Commission and the Central Bank of Nigeria to ensure a fair playing ground for Fintech companies in the country.

The Flutterwave boss spoke at a conference with theme, ‘Technology, Platform and Markets’.

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African start-ups raised $1.9bn in the first half of 2021.

Countries like Kenya and Tunisia have start-up bills which gives incentives to firms.

Agboola said there is need for collaboration among regulators and financial institutions to develop wider digital system.

He said, “The future we are looking for as a Tech Company is when more companies who are not four, five to ten years old Nigerian companies can be globally recognized to show that we are basically going to provide the next level of service that can restructure Nigeria and Africa at large.

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“We have e-commerce going massive with Jumia in Nigeria. We are seeing payment getting bigger with fintech scaling across the continent. There will be a massive impact when it comes to delivery which will impact commerce and also impact payment.”

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