Flutterwave has demonstrated interest in scaling beyond its current reach into North Africa.
The African fintech unicorn has been announced to be a Platinum Sponsor for the annual Africa Fintech Summit (AFTS) holding in Cairo, Egypt, this year.
Designed to help entrepreneurs reach opportunities otherwise seemingly distant, the programme involves the exploration of ideas, investment mobilisation, and collaborations formed across sectors and geographies.
Prior to being hosted in Cairo, the programme took place in Washington, D.C twice a year, every April during the spring meetings of the World Bank Group and every November in a different African city.
This year’s edition of the programme explores the dynamism of the African fintech ecosystem driving innovation, attracting record-level investment capital, and strengthening the relationship between North and Sub-Saharan Africa financial ecosystems, the future of the NeoBanking sub-sector, movements and use-cases for decentralised finance (Defi), fintech funding trends, cross-border payments under the AcFTCA, among other areas.
Speaking on the sponsorship by Flutterwave, Olugbenga Agboola, founder and CEO of Flutterwave said,
“We’re thrilled to be a title sponsor at this year’s AFTS event. We believe that the AFTS network is crucial to developing and shaping the fintech industry in Africa. By bringing together leading stakeholders from across the continent and worldwide, we’re able to collaboratively share ideas, innovations and insights that will drive the change needed to improve the fintech ecosystem in Africa.”
Scheduled to be held on Tuesday, November 16 and Wednesday, November 17, 2021, other partners and sponsors involved in this year’s summit include the Congo Business Network, Startup World Cup, EFG-EV Fintech and AUC Venture Lab.
The Managing Director of Ibex Frontier and Co-Founder of Africa Fintech Summit, Zekarias Amsalu, further stated that the company was delighted to receive the participation of Africa’s fintech success story — Flutterwave, in this year’s edition of AFTS Cairo, as the Platinum sponsor.
“As the much anticipated AcFTCA comes into effect, Flutterwave has demonstrated that borderless payment infrastructure is critical for Africa’s seamless economic integration. We are keen to learn more from Flutterwave as they lay out their ongoing plans for MENA expansion and overall African strategy during the summit.”