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Founder-story archive · · 56 seconds

Flutterwave and African payments

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Timestamped caption record

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  1. 0:00Getting paid across Africa used to be
  2. 0:01slow, expensive, and complicated.
  3. 0:04[music] A Nigerian engineer built one
  4. 0:06system to connect it. Olugbenga Agboola,
  5. 0:09known as GB, had spent years building
  6. 0:12technology for banks.
  7. 0:13>> [music]
  8. 0:13>> In 2016, he co-founded Flutterwave with
  9. 0:17Iyinoluwa Aboyeji. The idea was simple.
  10. 0:20One way for any business to accept
  11. 0:22payments across African countries and
  12. 0:24from the rest of the world. Cards, bank
  13. 0:26[music] transfers, mobile money.
  14. 0:29Businesses plug in from Lagos to Nairobi
  15. 0:31to Johannesburg. In 2021, Flutterwave
  16. 0:35became a unicorn. [music]
  17. 0:36In February 2022, it raised $250 million
  18. 0:41>> [music]
  19. 0:41>> at a valuation of over 3 billion. Today,
  20. 0:44it works in more than 30 African
  21. 0:46countries and over 30 currencies.
  22. 0:49>> [music]
  23. 0:49>> Africa's money on one rail.
  24. 0:52>> Follow Viber economies for more.
Original publication and evidence scope

Original YouTube title: “One system for Africa's payments. Over $3B.”. The original title may contain claims not confirmed by this companion.

Upload date, duration and captions were retrieved from the public YouTube record on 2026-10-16. Dates are day-level, not an asserted exact upload time. Market values, audience totals and references to “today” belong to the original publication context.

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