Africa’s Purchase-Now-Spend-Afterwards (BNPL) company Lipa Later Group has appointed Flutterwave Chief Executive Officer and Founder, Mr. Olugbenga ‘GB’ Agboola as a member of its advisory board.
A really regarded serial entrepreneur with two successful exits below his belt, Mr. Agboola is a computer software engineer with an MBA and a Master’s degree in Facts Technological know-how Safety and Behavioural Engineering.
Lipa Later’s CEO, Eric Muli said that Olugbenga Agboola is a single of Africa’s foremost fintech specialists.
“We are massive admirers of the do the job he has finished on the continent. GB signing up for us is an outstanding honour and a testomony to the work we are doing here at Lipa Afterwards.”
Speaking about the appointment, Mr. Olugbenga Agboola said that they have adopted Lipa Later on for some time now and is impressed by its ongoing innovation, expansion method and broad vision for Africa.
“The highly impressive and forward-wanting workforce in put has designed a robust and scalable platform that positions Lipa Afterwards to capitalize on the untapped industry prospects and lead the BNPL market across the continent,” he extra.
Mr. Agboola founded Flutterwave in 2016 to provide the usefulness of new attributes like electronic payments to people across Africa and further than. Now the business is valued at extra than USD $3 billion following increasing USD $250 million in a Sequence D funding round.
Some of Flutterwave’s traders contain B Capital Group, Alta Park Cash, Whale Rock Money, Lux Capital, Glynn Cash, Avenir Expansion, Tiger International, Eco-friendly Visor Money, Salesforce Ventures. Flutterwave is headquartered in San Francisco, California with operations in Nigeria, Kenya, Ghana, South Africa and 7 other African countries. He’s had 2 exits in advance of founding Flutterwave.
With Mr. Agboola as an advisor, Lipa Afterwards hopes to choose Africa by storm. The organization just lately elevated USD $12 million from traders with a see to growing aggressively past Kenya, Uganda and Rwanda.
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