Flutterwave’s chief working officer, Bode Abifarin, has left Africa’s largest startup after six years of main the startup’s operations, within the most up-to-date high-profile exit from the funds big.
“It’s been a cocktail of highs, lows, victories and screw ups, hitting milestones, losing milestones, all wrapped up in a legend of resilience with the ultimate pride of fixing price complications for our customers,” Abifarin wrote in a LinkedIn put up on Tuesday.
Her resignation comes after pretty a few high-profile workers esteem Oneal Bhambani, the ragged chief financial officer, and Ted Oladele, a ragged vice president of get and innovation, left the corporate in recent months. Jimmy Ku, the corporate’s head of boost for the United States, also left the corporate in February.
Abifarin joined Flutterwave after 15 years at KPMG Nigeria, where she grow to be as soon as an companion director. With nearly twenty years of experience, she built Flutterwave’s operations, including inner processes, because it attained unicorn station and helped precise the ship thru a series of allegations against its leadership in 2022.
“Since our inception, Bode has been the heartbeat of our operations, infusing her passion and dedication into each and each facet at Flutterwave,” Gbenga Agboola, Flutterwave’s CEO, mentioned in a LinkedIn put up. She’s going to “continue to nurture recent companies” and “point of interest on constructing, teaching and training,” after leaving Flutterwave.
Abifarin’s exit comes because the price big touts itself as an IPO candidate with a rumoured record that has been within the works since 2022.
Even supposing the sizzling exit of high-profile workers raises questions about these stock record plans, the startup has made growth on pretty a few fronts. After a tumultuous fraud allegation by Kenyan authorities, Flutterwave has been cleared of economic impropriety in the East African country, which threatened to dent its reputation. The startup also employed 5 recent executives across its risk, compliance, and growth departments one month after Bhambani left the corporate.
Two weeks ago, Flutterwave also added a brand recent board member, Nigerian architect Olajumoke Adenowo, as section of its efforts to drive its global growth approach. The startup will be reassessing its product approach. Most attention-grabbing year, it relaunched its global remittances product, Ship App, and launched pretty a few choices to lend a hand native companies swap global currencies. Most attention-grabbing week, the corporate shut down the struggling Barter, a digital card and global funds service it launched in 2017, because it trimmed its point of interest on the extra profitable Ship App, which has fueled boost.