Two years ago, Nigerian Fintech startup, Flutterwave was founded by Iyinoluwa Aboyeji after he left Andela. Today Aboyeji released an official statement that he has stepped down from his “role as CEO to focus on giving back to the startup community.
Aboyeji added that in his two years at Flutterwave, the firm has processed over 700 billion naira in payments across over 50 million transactions generating revenues in the billions of naira. Beyond its scale, it’s human impact has been profound, from connecting thousands of riders and drivers to daily enabling thousands of families in diaspora share prosperity with their loved ones at home. It has been an incredible privilege to lead the team through an era of incredible growth and impact. I wouldn’t trade this experience for the world.”
Aboyeji will be replaced by, Flutterwave Co-Founder who is the Financial Technology Engineer, with core financial services technology experiences with Paypal, Google, GTBank, Access Bank, Standard /StanbicIBTC Bank
Agboola said: “On behalf of the entire Flutterwave team we wish Iyin luck in his future endeavours. Moving forward; the entire Flutterwave team and I are excited about Flutterwave’s future and look forward to growing the company.
https://twitter.com/iaboyeji/status/1051748230881366016
Here is the full Press Statement:
Today will be my last day at Flutterwave. After much thought and prayer I decided to step down from my role as CEO and focus on giving back to the startup community I owe so much of my success to.
Just a little over 2 years ago in May of 2016, myself and my co-founders at Flutterwave started on this unlikely and amazing journey to build payments technology and infrastructure that could connect Africa to the global economy and usher in a new wave of prosperity across Africa. We knew it would be an incredibly difficult and intriguing mission but we never imagined we would have the kind of impact we did so quickly.
Two years later the team at Flutterwave has built one of the world fastest growing payments business of all time from Africa, processing over 700 billion naira in payments across over 50 million transactions generating revenues in the billions of naira. Beyond its scale, it’s human impact has been profound, from connecting thousands of riders and drivers to daily enabling thousands of families in diaspora share prosperity with their loved ones at home. It has been an incredible privilege to lead the team through an era of incredible growth and impact. I wouldn’t trade this experience for the world.
This would have been impossible without the hard work and genius of the talented team of young people who are Flutterwave, the incredible support of our investors and advisors and the goodwill of so many who have been our biggest champions and advocates.
Over the next few months, as I figure out what is next, I’ll be catching up on sleep, spending time with my family and supporting and advising startups in our community (more to come on that)
Everyone who knows me well know what matters most to me is my lifelong commitment to building the future of our country and our continent. As I take some time to rest and reflect on the incredible experiences I have had building two world-class African success stories at Andela and Flutterwave – I am excited about the opportunities the future of our continent holds and I remain dedicated to supporting the next generation of entrepreneurs who will go on to build the next Andela’s and Flutterwave.
Thank you for your love and support on this journey.
