To maintain momentum and continue making meaningful contributions to the growth of national economies, Fintech companies...
, has said, “To maintain momentum and continue making meaningful contributions to the growth of national economies, Fintech companies must understand that processing payment is just the starting point. We must create add-on values for individuals and businesses to maximize the potentials of digital technology beyond sending and receiving money”.
Mr. Agboola said this while speaking to a group of MBA students at the Harvard Business School on 24 January, 2023. Flutterwave is a leading payments technology company which started out processing payments for companies like Uber and Air Peace, but has now added ecommerce, international transfer to the services it provides.
Agboola identified a lack of trust from potential customers, partners, and government officials, fragmented payments across the continent, and non-availability of local talent, especially for technical roles, as part of the main challenges faced at the initial stage of establishing Africa’s most valuable startup.
The lecture was moderated by Hakeem Belo-Osagie, an entrepreneur, a senior lecturer of Business Administration at Harvard Business School, and a member of the Harvard University Global Advisory Board.
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