Flutterwave is ready for an initial public offering (IPO), says CEO, Olugbenga ‘GB’ Agboola (Right)[/caption]
Nigeria’s top company in the financial technology sector, Flutterwave, has rolled out plans for an initial public offering (IPO).
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This was disclosed by the chief executive of Flutterwave, Olugbenga ‘GB’ Agboola, at Semafor’s World Economy Summit in Washington D.C. on April 18.

According to Agboola, Flutterwave’s hopes for a public offering are part of the company’s broader future agenda.
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“Right now, our goal is to be IPO-ready, ensuring that we have the right corporate governance in place and making sure we are operating well,” Agboola said.

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“We want to be a long-term company in Africa, for Africa and so, the goal is building the right infrastructure to be here for the next ten-plus years.”
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Agboola said as part of preparations for the IPO, the Nigeria-based digital payments company and Africa’s most valuable startup, has effected some changes in its corporate team.

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“Key among the milestones for being IPO-ready are recent hires, including a new board chair, two independent directors, and experienced executives to fill roles needed to “translate tech speak” for regulators,” he said.
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