Olugbenga 'GB' Agboola: Hard-Earned Lessons Building Flutterwave

The Flip

Sep 22, 2023•41 min•Season 5Ep. 1

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Episode description

Today's guest is Olugbenga Agboola, better known as the one and only GB - the Co-founder and CEO of Flutterwave.

It's been a trying last year or so for Flutterwave with issues of fraud, allegations of impropriety inside the company, regulatory hurdles, and the general challenges of scaling a fintech in a tough operating environment.

Yet through it all, Flutterwave has "technology reach" in 34 countries, they've continued to ship new products beyond their core payments technology, including their rebranded remittance product Send App, and there are rumors swirling about the near-term timeline of their planned IPO.

In this episode, we'll hear from GB about many of his recent lessons, his perspectives on product and expansion strategy, and we'll ask many of the questions we've been wanting to hear from him about, including the big one about Flutterwave's IPO.

00:00 - Intro
03:13 - When is Flutterwave going public?
04:56 - What about the allegations?
09:24 - Sharing more for the benefit of the ecosystem
11:17 - Growth and expansion
16:13 - Did Flutterwave grow too fast?
21:09 - Fundraising and the African growth story
27:11 - GB's angel investing activities
30:29 - Lessons from GB's banking and big tech background
32:08 - Why did GB start Flutterwave in the first place?
33:49 - Are payments still broken?
35:55 - The vision for the future
38:02 - Final words of wisdom

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