The future of payments

Flutterwave Stakes Future On Tricky Balance Between Payments & Commerce

By  |  December 1, 2021

It’s early 2014 and Iyinoluwa “E” Aboyeji is in a bit of a pickle. Just a year before, E had launched Fora, a distance learning platform for African Universities, with co-founders Ian Carnevale, Nadayar Enegesi, and Brice Nkengsa.

But Fora didn’t quite take off; it had gotten to that infamous “pivot or die” moment that most entrepreneurs know too well. 

Turns out a Hail Mary was just around the corner. It was mostly about survival at the time, so no one knew to expect a major turnaround, let alone not one but two African tech unicorns.

Encounters with Jeremy Johnson and Christina Sass happened, and so did the then-curious idea of transforming Fora into a platform for turning unemployed young Africans into software engineering gurus within six months, with free tutorship and even salaries. Fora soon became Andela, a company now worth around USD 1.5 Bn.

However, in those early days, E and the team faced many troubles, and one of the biggest headaches happened to be the ...

Most Read


The FTX Disaster Undermines The Hopes Of Africa’s Peculiar Crypto Scene

The rise of the cryptocurrency industry in Africa, however a fringe endeavour, is


“Banking The Unbankable” Kindles Banking-as-a-Service In African Fintech

Despite attention to the challenges surrounding financial inclusion, an estimated 57 percent of


Kenya’s Mobile Money Agents Aided Financial Inclusion—Now They Face Exclusion

In Ruiru, a town in Kiambu County which sits within the greater Nairobi