COHORT NEWS: Flutterwave Founder Recognized by Forbes

Iyinoluwa "E" Aboyeji, founder and CEO of Flutterwave and participant in the inaugural cohort of the Venture Center’s FinTech Accelerator in 2016, was named to the 2018 Forbes 30 Under 30 in Enterprise Technology.

“A few weeks in Little Rock supercharged our startup,” Aboyeji said about the 12-week FinTech Accelerator - empowered by FIS, the world leader in financial services technology located in Little Rock. “When we came to Little Rock in May [2016], we didn’t have very much of a business. In that period of time thanks very much to VC FinTech and all the amazing help and advice we’ve gotten, we’ve grown our business.

“A big draw for us was the relationship with FIS because we are literally rebuilding the payments infrastructure of Nigeria. It was important for us to be able to learn from folks who had done it before in a more established market.”

Flutterwave’s technology and infrastructure seamlessly and securely processes payments, remittances and digital services across Africa. The technology has revolutionized payment processing in Africa because of its ease of use and reliability. This allows large global players to do business in Africa without losing money to exorbitant payment processing fees and regulations that otherwise would change by form of payment and by country. With offices in San Francisco, Lagos, Nairobi, Accra and Johannesburg, Flutterwave has processed 23 million transactions for a total of $1.8 billion in payments processed.

Prior to launching Flutterwave, Aboyeji cofounded two successful startups in Africa, including one that received $24 million in funding from Facebook CEO and founder Mark Zuckerberg.

For more information about the Venture Center’s FinTech Accelerator, visit www.venturecenter.co/vcfintech.

Applications are being accepted through February 9 for the 2018 FinTech Accelerator. Apply now at www.f6s.com/vcfintech/apply.