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Flutterwave CEO eyes profitability, doesn’t rule out sale

Summary by Semafor
The NewsFlutterwave, Africa’s most valuable unicorn, won’t rule out the possibility of selling to a larger player, its CEO told Semafor, but stressed that the fintech player is laser focused on reaching profitability this year.The company has discussed the potential of an initial public offering over the last few years. But with a valuation of more than $3 billion, after raising around $500 million since its 2016 launch, Olugbenga ‘GB’ Agboola s…

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Flutterwave CEO eyes profitability, doesn’t rule out sale

The NewsFlutterwave, Africa’s most valuable unicorn, won’t rule out the possibility of selling to a larger player, its CEO told Semafor, but stressed that the fintech player is laser focused on reaching profitability this year.The company has discussed the potential of an initial public offering over the last few years. But with a valuation of more than $3 billion, after raising around $500 million since its 2016 launch, Olugbenga ‘GB’ Agboola s…

·New York, United States
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techlabari.comtechlabari.com

Flutterwave CEO Open to Acquisition, But Focused on Profitability

Flutterwave, Africa’s most valuable fintech unicorn, is open to a potential acquisition by a larger player, CEO Olugbenga ‘GB’ Agboola told Semafor. But he emphasized that the company’s top priority is achieving profitability this year. Why it matters The Nigerian-founded fintech, valued at over $3 billion, has long considered an initial public offering (IPO). Since […] The post Flutterwave CEO Open to Acquisition, But Focused on Profitability a…

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Semafor broke the news in New York, United States on Wednesday, April 2, 2025.
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