Biography and Net worth of Flutterwave CEO Olugbenga Agboola.


Olugbenga Agboola OON, also known as GB, is a Nigerian tech genius who founded the payment technology company Flutterwave

Picture of Flutterwave Ceo Olugbenga Agboola

Born and raised in Lagos, Nigeria, Agboola earned his bachelor's degree in computer science from the prestigious Obafemi Awolowo University, later obtained a master's degree in information technology from the University of Lagos and an MBA from the renowned MIT Sloan School of Management.

Before founding Flutterwave, Agboola worked at PayPal as an application engineer and a product manager at Google, where he honed his software engineering and product management skills. 

In 2016, he co-founded Flutterwave with Iyin Aboyeji and Oluwakemi Okusanya, and since then, the company has grown to become one of the most prominent payment technology companies in Africa. 

With operations in over 33 African countries and partnerships with global payment providers such as PayPal and Worldpay, Flutterwave has revolutionized the payment landscape in Africa.

In his interview with one of the most popular music artists and celebrities in Nigeria, Ayodeji Ibrahim Balogun, also known as Wizkid, the Flutterwave CEO pointed out that the platform became bigger when Uber entered the Nigerian market and they needed a trustworthy payment platform.


What is the net worth of Flutterwave CEO Olugbenga Agboola?

As of 2023, the net worth of Olugbenga Agboola is not publicly available. However, Flutterwave has raised over $225 million in funding to date, with a valuation of over $1 billion, It hence estimated that his net worth is upward of $2 million.

The company's success has also led to Agboola being named on the Forbes Africa 30 Under 30 list in 2018 and 2019. In addition, he was named Entrepreneur of the Year at the 2020 Africa CEO Forum Awards.

GB, who is well-known for his leadership skills, has helped to revolutionize the payment landscape in Africa, making it easier for businesses and consumers to transact and do business across borders. 

His vision for Flutterwave is to help build a world-class payment infrastructure in Africa that can compete on a global scale, and he continues to work towards achieving that goal through innovation and strategic partnerships. 

Flutterwave's platform already enables businesses to accept and make payments across borders, currencies, and payment methods, including cards, mobile money, and bank transfers. The company offers several products and services, including:

Rave: Flutterwave's flagship product, Rave, is a payment gateway that allows businesses to accept online payments from customers all over the world. With Rave, businesses can accept payments in local and international currencies and can integrate with over 150 different payment methods.

Barter: Barter is Flutterwave's consumer-facing app that allows users to make payments, send money, and receive money from anyone, anywhere in the world. The app is available in Nigeria, Ghana, Kenya, South Africa, and the United Kingdom.

Invoice: Flutterwave's Invoice product allows businesses to create and send invoices to their customers and receive payments directly through the platform.

Store: Flutterwave Store is an e-commerce platform that allows businesses to create an online store and sell their products to customers all over the world.

Flutterwave has also partnered with several major global payment providers, including PayPal, Visa, and Worldpay, to provide businesses and consumers with a seamless and secure payment experience.

In addition to its payment products and services, Flutterwave is also committed to driving financial inclusion in Africa. 

The company has partnered with several banks and financial institutions to provide access to financial services for underserved communities and has launched several initiatives to support small and medium-sized businesses in Africa.

Though there are no indicators of an IPO move from the company, the fintech company had a running with the Kenya financial authorities in 2022, which made going public difficult last year. An issue that has since been cleared in 2023

Flutterwave's valuation has since crossed the billion-dollar line, and it's currently settling at $3 billion, investors are hoping 2023 might be the best year to go public for a company that has raised over $400 million in venture capital funding in the last four years.

Agboola is a true inspiration for young entrepreneurs across Africa, and his story serves as a testament to the endless possibilities that technology can bring.

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