“6 years ago, you’d have to be very brave to try to make or receive online payments in Nigeria. Interswitch’s WebPay was the default payment processor and startups had to pay N150,000 (about $1,000 at the time) to acquire it. Even though mobile internet was the fastest-growing way to access the web, WebPay didn’t work…”
@seyitaylor, thats a nice way of breaking your silence since your last post on TC.
There are possible scenarios for Flutterwave
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Fluterwave marries Paystack since they are both YCs. Another Possible Marriage Is With AMPLIFY PAY which I think is doing a better work on the recurring payment model.
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Fluterwave goes solo and opens up it API to developers across the continent (think of this like Zapier marketplace model). This sounds like the most lucrative thing to do from a business point of view because Flutterwave has larger footprint across Africa.
When you have the likes of ex-PayPal and GoogleWallet in a team with @iaboyeji I will expect some big scale product. Who knows, he can sell at a billion dollars to Google.
By the way, I am also curious to know who are his co-founders too.