Olugbenga Agboola is one young man unarguably imbued with a great deal of knowledge and more qualifications than one can count. As one of the leading tech entrepreneurs in Africa, Agboola has built one of the continent’s most prominent tech brands, Flutterwave —a single-use payment solution infrastructure used by a lot of people in Nigeria and across Africa. The Fintech unicorn, he co-founded in 2016, has rapidly gained prominence in the payments landscape. In the last seven years, Agboola’s Flutterwave has recorded significant milestones in its journey within the African tech ecosystem and secured investments from renowned venture capital firms and forged strategic partnerships with industry giants such as Alibaba’s Alipay, Uber Technologies Inc., Audiomack, and Netflix Inc. Earlier this year, to expand its global reach, Flutterwave sealed a pivotal technological partnership with Microsoft.
Agboola was one of the select investors who accompanied President Bola Tinubu to India for the just concluded G20 Summit. He was to reap an instant fruit from the trip as he successfully sealed a deal to expand his company’s reach to India. Early this week, Agboola announced a pivotal partnership with IndusInd Bank Ltd, one of India’s leading financial services providers catering to about 35 million customers. The partnership is a giant leap for Flutterwave in its ongoing efforts to broaden its global footprint and streamline cross-border remittances. With this helluva move to India —the second-largest economy in Asia and world’s sixth-largest economy— Agboola is on the verge of validating his net worth reported to be in the billion-dollar range. The 38 year-old tech tycoon guides his personal life with jealousy, yet, he could not keep everything away from the public eyes. He sent tongues wagging recently with his acquisition of a $7.1 million luxurious high-end residential property in Miami Beach from the Boschetti Group, a well-known Florida-based real estate development company that specializes in luxurious high-end properties.