Olugbenga Agboola is the CEO and co-founder of Flutterwave, a FinTech company that provides a B2B financial services platform for digital payments. Aggboola Agboola was named in Forbes’ annual ’30 under 30′ list, and in the previous year, he was recognized by the World Economic Forum as a leading figure in technology.

Flutterwave received $12 million worth of funding from InVenture Partners (the VC arm of Naspers Group) and Silicon Valley venture capital firm Sequoia Capital, as well as a $10 million investment from Blavatnik Index Ventures. Flutterwave announced that the company would open its first base in Silicon Valley, where it would create a local office for the United States and UK markets. The company also announced plans to hire more than 100 employees over the next five years.

1. Angels and accelerators

Flutterwave became one of two African startups to be accepted into Silicon Valley accelerator Y Combinator, the other being Kudus, another fintech startup from Nigeria. The program started in August 2015 and helped the company receive investments from people in the Silicon Valley area.

2. VC funding

In early 2016, Flutterwave announced that it had received $5 million from Kibo Ventures, a Kenya-focused venture capital fund. The company also raised $12 million in Series A funding led by InVenture Partners and Sequoia Capital and included participation from Blavatnik Fund and Stanford’s StartX. The funds will build out Flutterwave’s technology platform and accelerate strategic initiatives such as market expansion in Africa, Asia, Latin America, Europe, and the Middle East.

3. Investors

Global investors boosted Flutterwave’s appeal when they realized that the company’s business model could be profitable due to increasing smartphone penetration in Africa and the successful use of mobile money. Flutterwave has raised an additional $10 million in investor funding, which has helped the company expand its overall valuation to over $100m.

4. Company profile

Flutterwave is a technology company that provides a B2B financial services platform for digital payments. The company was founded in 2013 by CEO Olugbenga Agboola and CTO Sola Ogundipe. The company currently has offices in Nigeria, South Africa, Ghana, Kenya, and the United Kingdom. Flutterwave announced plans to open its first base in Silicon Valley, where it would create a local office for the United States and UK markets. It also announced plans to hire more than 100 employees over the next five years.

5. Partnerships and entrepreneurship communities

After the all-expense-paid training in San Francisco, Flutterwave partnered with Y Combinator’s alum network to support African entrepreneurs. In 2013, Flutterwave became Africa’s first FinTech company to join Venture Lab in Washington, DC, a program run by the World Bank and the International Finance Corporation that connects emerging markets with private sector expertise. Flutterwave mentors and trains entrepreneurs through the Silicon Valley Bank’s program – #BuiltwithBizDev – which connects entrepreneurs globally to resources and deals across Silicon Valley.

Olugbenga Agboola has helped transform the company into a global fintech company. The company has also announced plans to open its first base in Silicon Valley, where it would create a local office for the United States and UK markets. It also announced plans to hire more than 100 employees over the next five years. Flutterwave has raised an additional $10 million in investor funding, which has helped the company expand its overall valuation to over $100m.