Flutterwave named ‘Pioneer’ on TIME’s 2021 list
Flutterwave, a Nigerian fintech firm, has been named a ‘Pioneer’ on TIME’s 2021 list of the 100 Most Influential Companies in the World.
In a list that includes Apple, Twitter, and Stripe, the firm made history as the only African company to make it this year.
The list was divided into five categories: “Pioneers, Leaders, Innovators, Disruptors, and Titans.”
TIME reported that the fintech company was chosen for its efforts in recharging retailers after the pandemic slowed travel in Nigeria.
Flutterwave co-founder and CEO Olugbenga Agboola explained that the digital payment provider launched a free promotion called “keeping the lights on.”
Mr Agboola compared the infrastructure of digital transactions across nations and platforms, saying, “You don’t want to think about it. You just want it to work.”
He called the free campaign ‘keeping the lights on.’ Flutterwave hit tech-unicorn status in March when it secured $170 million in Series C funding from global investors, valuing the company at more than one billion dollars.
TIME gathered nominations from its global network of editors and correspondents, as well as industry experts, to compile the list.
Health care, entertainment, transportation, technology, and a variety of other industries are among those represented.
The relevance, impact, innovation, leadership, ambition, and success of each company were then evaluated.
Other companies listed under ‘Pioneers’ include Rihanna’s SAVAGE X FENTY, Bumble, Beyond Meat, Hello Sunshine, Strava, Klutch Sports Group.
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