{"id":20909,"date":"2023-01-28T07:29:43","date_gmt":"2023-01-28T07:29:43","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments"},"modified":"2023-01-28T09:29:53","modified_gmt":"2023-01-28T09:29:53","slug":"flutterwave-ceo-fintechs-must-create-value-beyond-payments","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments","title":{"rendered":"Flutterwave CEO: Fintechs must create value beyond payments"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Flutterwave\u2019s CEO, Olugbenga \u201cGB\u201d Agboola, has said that for Fintech companies to contribute meaningfully to the growth of national economies, they must go beyond processing payments and enable businesses and individual to maximize the benefits of digital finance.<\/b><\/p>\n

Speaking to a group of MBA students at Harvard Business School (HBS), the Africa Fintech pioneer said \u201cto 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\u201d.<\/p>\n

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.<\/p>\n

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\u2019s most valuable startup.<\/p>\n

Yet, he added, \u201cMy love for using my knowledge and network to solve problems for people, including those they are unaware of, helped us to persist and provide the payment infrastructure that supports businesses in Africa and global businesses like Uber seeking to expand into Africa.\u201d<\/p>\n

Speaking of his personal lessons and experiences as an entrepreneur in Africa, Agboola noted that \u201cstrategic collaborations and partnerships between all relevant domestic and foreign stakeholders are critical to helping emerging economies of Africa, Asia, and Latin America effectively leverage digital transformation for inclusive and sustainable development.\u201d<\/p>\n

According to him, this is because solving the payment problems is not and will never be through one man\u2019s dream or a company\u2019s efforts. That shows that, indeed, the popular African proverb: \u201cit takes a village to raise a child,\u201d is so true with payment solutions in emerging economies.<\/p>\n

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.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Flutterwave\u2019s CEO, Olugbenga \u201cGB\u201d Agboola, has said that for Fintech companies to contribute meaningfully to the growth of national economies, they must go beyond processing payments and enable businesses and individual to maximize the benefits of digital finance. Speaking to a group of MBA students at Harvard Business School (HBS), the Africa […]<\/p>\n","protected":false},"author":84,"featured_media":20908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,237,234],"class_list":["post-20909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nFlutterwave CEO: Fintechs must create value beyond payments - Botswana<\/title>\n<meta name=\"description\" content=\"Flutterwave\u2019s CEO, Olugbenga \u201cGB\u201d Agboola, has said that for Fintech companies to contribute meaningfully to the grow ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flutterwave CEO: Fintechs must create value beyond payments\" \/>\n<meta property=\"og:description\" content=\"Flutterwave\u2019s CEO, Olugbenga \u201cGB\u201d Agboola, has said that for Fintech companies to contribute meaningfully to the grow ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-28T07:29:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-28T09:29:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/01\/postQueueImg_1674878465.56.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Flutterwave CEO: Fintechs must create value beyond payments\",\"datePublished\":\"2023-01-28T07:29:43+00:00\",\"dateModified\":\"2023-01-28T09:29:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments\"},\"wordCount\":372,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/01\/postQueueImg_1674878465.56.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/flutterwave-ceo-fintechs-must-create-value-beyond-payments\",\"name\":\"Flutterwave CEO: Fintechs must create value beyond payments - 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