The restructuring was part of the company’s plan to refocus on its core business areas, particularly enterprise payments and the expanding remittance segment through its SendApp.
Founder and CEO of Flutterwave, Olugbenga Agboola, underscored the data-driven approach behind this decision, emphasising the need for swift adaptation to market opportunities.
“These Wavers are some of the most hardworking people you’d meet. We put in the work, and I can confidently say that at Flutterwave, we have a competent workforce where everyone actively contributes. But once the data and the business are pointing us in a specific direction, it would be counterproductive for us not to listen and create the right mechanisms to move faster on the opportunities awaiting us,” Agboola stated.
