Flutterwave Co-founder and CEO Olugbenga Agboola poses for a photo after the interview at Norfolk Hotel in Nairobi, Kenya on September 12, 2023. PHOTO | LUCY WANJIRU | NMG
Nigerian fintech company Flutterwave plans a $50 million (Ksh7.3 billion) investment in Kenya as it pushes for a payments and remittances licence in the country.
Flutterwave Chief Executive and Co-founder Olugbenga Agboola said in an interview in Nairobi that the firm has received first-name approval from the Central Bank of Kenya (CBK) and stands ready for phased investments once it receives a license.