Flutterwave announces Initial Public Offering for broader long-term vision
One of Africa’s foremost financial technology companies, Flutterwave, has announced readiness for an Initial Public Offering.
The company’s CEO Olugbenga ‘GB’ Agboola speaking at Semafor’s World Economy Summit in Washington D.C. U.S. on April 18, explained the company’s long-term vision for a public offering which is part of a broader future agenda.
“Right now our goal is to be IPO-ready, ensuring we have the right corporate governance in place, making sure we are operating well. “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.” Mr Agboola said.
Despite the recent departures from key roles within the company’s corporate team, the company seems to be steadfast in its pursuit of a more strategic and profitable corporate governance as evidenced by the CEO’s confirmations about the company’s recent hires.
“Key among the milestones for being IPO ready are recent hires, including a new board chair, new independent directors, and experienced executives to fill roles needed to “translate tech speak” for directors,” he added.
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