Category: flutterwave

May 22, 2019 Off

Getaround, Facebook, AI chips, Nvidia, Africa, and immigration

By Jill T Frey

Who helped your startup grow? Nominate a growth marketing agency.

For those who have been members of Extra Crunch for a while now, you have seen us go through two cycles of Verified Experts, covering startup attorneys and brand designers. Now, we turn our attention to our third community of startup professionals: growth marketers / hackers. Growth is the single most important objective of any startup, and so these professionals can have an outsized impact on which companies grow, and by how much.

Yvonne Leow is leading our search for the best growth marketers out there, as rated by founders. Worked with someone yourself? Impressed by the growth of a friend’s startup? Let us know with this handy form and get ready for new profiles in the coming weeks.

The Exit: Getaround’s $300M roadtrip

Our SF-based reporter Lucas Matney published his second piece in his “The Exit” series … Read the rest

May 22, 2019 Off

These startups are locating in SF and Africa to win in global fintech

By Jill T Frey

To become a global fintech player, locate your company in San Francisco and Africa.

That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in Africa to tap the best of both worlds in VC, developers, clients, and the frontier of digital finance.

This arrangement wasn’t exactly coordinated across the ventures, but TechCrunch coverage picked up the trend and some common motives among these rising fintech firms.

Founded in 2016 by Nigerians Iyinoluwa Aboyeji and Olugbenga Agboola, Flutterwave has positioned itself as a global B2B payments solutions platform for companies in Africa to pay other companies on the continent and abroad.

Clients can tap its APIs and work with Flutterwave developers to customize payments applications. Existing customers include Uber,  Booking.com and African e-commerce unicorn Jumia.com.

The Y-Combinator backed company is headquartered in … Read the rest