“We must create add-on values for individuals and businesses to maximize the potential of digital technology beyond sending and receiving money”, he advised.
He identified lack of trust from potential customers, partners and government officials, fragmented payments across the continent, and non-availability of local talent, especially for technical roles, as challenges Fluterwave faced at the initial stage. On his experiences as an entrepreneur, Agboola said strategic partnerships between relevant domestic and foreign stakeholders are critical to helping emerging economies in Africa, Asia, and Latin America to leverage digital transformation for inclusive and sustainable development.