Flutterwave to acquire East African bank as IPO talks delay

After dominating Africa’s digital payments space, Flutterwave is turning to banking in a move that could reshape competition between fintechs and traditional lenders. The company plans to use acquisitions to fast-track its expansion into lending, trade finance and other financial services.

Flutterwave to acquire East African bank as IPO talks delay
After dominating Africa’s digital payments space, Flutterwave is turning to banking in a move that could reshape competition between fintechs and traditional lenders. The company plans to use acquisitions to fast-track its expansion into lending, trade finance and other financial services.