Is Flutterwave Gearing Up for An IPO In 2024
Jumia pulls the plug on Jumia Foods and LemFi finds a new partner
What’s happened this Week:
Meta launches Creator Series in Ghana
Jumia to shut down Jumia Foods in key African markets
and more!
Flutterwave, Africa’s leading payments technology company, announced this week that they had appointed several seasoned leaders from prominent financial services companies, including PayPal, Stripe, American Express, First Data, Western Union, and Square.
In 2022, a Bloomberg reported that the African fintech was looking at an IPO on the Nasdaq Stock Exchange. But the plans were delayed.
But with these new hires, it looks like Flutterwave is taking steps to prepare for next year.
In The News This Week:
LemFi Partners With Clearbank To Serve Emerging Market Immigrants In North America and Europe
LemFi, a fintech startup providing financial services to immigrants, has partnered with ClearBank to help provide LemFi with agency banking services to enhance international payment services for emerging market immigrants in North America and Europe.
Meta Launches Creator Lab Live Series in Ghana to Empower Emerging Creators
Meta recently launched its educational Creator Lab Live series in Ghana, empowering over 15 aspiring creators at the Mix Design Hub in Accra.
FinTech Association President Appointed to the Board of the African Fintech Network (AFN)
The Africa Fintech Network has announced the appointment of Mr. Martin Kwame Awagah, President of the Ghana FinTech and Payments Association, to serve as a Board Member for the period starting 2023 to 2026.
In the rest of the news:
Africa Ecosystem Funding Activity
Meet the sibling-founded Egyptian sports e-commerce platform that’s expanding fast - Disrupt Africa
Podcast: Africa Health Tech with John Eyo of Dr Do Good
On this episode, we spoke with John Eyo, of of the co-founders of the startup Dr Do Good, a health startup in Africa.
We discussed why he started the company, the challenges of running a health startup in Africa, and what the new year in 2024 looks like for the company.
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