How this Nigerian entrepreneur is empowering technology businesses across the continent

Content supplied by Chivas

A self-confessed abstract thinker Nigerian entrepreneur, Iyinoluwa Aboyeji, established Flutterwave, and became a provider of technology and infrastructure solutions for digital payments across the African continent.

With its headquarters in San Francisco and four offices across Africa, Flutterwave enabled over 300 entrepreneurs to build their own technology businesses, while also empowering over 400 000 businesses with their financial partners. Though a young business the enterprise began with the purpose of granting Africans the access to the global economy, build a lucrative economy and in turn influence the communities and businesses they operate with.

Chivas, Win the Right Way, season 2 presenter – Gugulethu Mfuphi caught up with the financial technology entrepreneur Iyinoluwa Aboyeji, to discuss some of his entrepreneurial milestones over a glass of Chivas Regal 12-Year-Old Whiskey.

When asked why the pursuit of the financial technology industry, Aboyeji responded, “I have learnt that in the next 30 years more Africans will be joining the global working population, which will bring about a new common prosperity in Africa. This was a great motivation factor for my business partners and I”.

“Our award-winning Omni-channel payments processor enables seamless and secure transactions processing across different payment instruments like mobile money, cards, bank accounts, airtime and different channels like web, mobile, agents, USSD and ATM in over 30 African countries.”

In relation to attracting investors Aboyeji says “This lies in telling a good story about the world one wants to create and how this can have great financial returns for the investment.” He emphasises that the key in attracting capital is in building a culture of trust and integrity.

Aboyeji echoes shared success is a theory he can strongly identify with as an entrepreneur operating on the African continent, one will find that this is the core value system of shared success and prosperity. To be a successful entrepreneur it’s essential to know how to treat and manage success as that will enhance your business and client-base.

For Aboyeji, the drive to achieve, even during challenges is what exemplifies the attainment of success that lifts others and captures the epitome of Chivas Regal Win the Right Way. One of the decisions that proved tough for the entrepreneur was when he had to turn away potential business in seeking to ensure that the existing clientele were well serviced and maintained. To most this could have been an opportunity that meant more capital and perhaps an expansion. Having made this decision he now knows the strength of being disciplined and operating within boundaries.

Aboyeji attributes his success to the grace of God, willingness to learn, seeking to build strong relationships and putting himself in a position of helping others accomplish great things.

Chivas, WinTheRightWay season 2 is a TV series that features Africa’s most inspiring social entrepreneurs who run their businesses based on profit with purpose. These entrepreneurs use their shared success to inspire other African entrepreneurs to be part of this ever-growing movement.

Chivas, Win the Right Way airs on CNBC Africa and on Dstv, channel 410. The next episode will be at 21h15 CAT, 22h00 WAT and 00h00 EAT.

Partner Content

Disruptive digital solutions is rewiring the DNA of Banking

By Kennedy Mubita, Africa Head, SC Ventures. Imagine a bank whose customers can tap on a wearable device to...

The future of banking; digitization and collaboration as growth accelerants

By Kariuki Ngari, CEO & Managing Director, Standard Chartered, Kenya & East Africa COVID-19 has upended the social and...

Star Quality Speaker Line-Up at Africa Tech Festival 2020

Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.

Newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox