# Olugbenga Agboola

> Olugbenga "GB" Agboola is the Nigerian software engineer, founder and chief executive behind Flutterwave. After building payment technology across banks and technology companies, he co-founded Flutterwave in 2016 to connect Africa's fragmented payment methods. He became CEO in 2018 and has since steered the company from payment processing toward a broader financial-infrastructure strategy spanning open banking, account payments and stablecoin settlement.

- **Role:** Founder and Chief Executive Officer at Flutterwave
- **Organizations:** Flutterwave, U.S.-Africa Business Center, Smithsonian National Museum of African Art Advisory Board, Milken Institute Africa Leaders Business Council, Wall Street Journal CEO Council, Fast Company Impact Council
- **From:** Lagos, Nigeria
- **Nationality:** Nigerian
- **Education:** MBA, MIT Sloan School of Management, Master's degree in IT Security, EC-Council University, Project Management and Advanced Computing studies, University of Westminster
- **Known for:** Co-founded Flutterwave in 2016 and became chief executive in 2018., Named to Fortune's 2020 40 Under 40 list in finance., Named to the 2021 TIME100 Next list.

## Career timeline

- **2003-2004** — Worked as an application developer with BT Professional Services.
- **2004-2005** — Worked as an application engineer at PayPal.
- **2005-2009** — Joined GTBank's enterprise infrastructure development team.
- **2009-2014** — Built payment and digital-finance products in roles associated with Standard Bank, Google Wallet and Sterling Bank.
- **2014-2016** — Led digital factory and innovation work at Access Bank.
- **2016** — Co-founded Flutterwave to connect fragmented payment methods across African markets.
- **2018** — Became Flutterwave's chief executive after serving as the company's technology-focused co-founder.
- **2020** — Flutterwave launched Store during pandemic lockdowns, helping about 20,000 small businesses establish online storefronts.
- **2021** — Named to the TIME100 Next list after Flutterwave processed more than 80 million transactions worth $7.5 billion in 2020.
- **2024** — Appointed vice chair of the U.S.-Africa Business Center board.
- **2026** — Led Flutterwave's acquisition of open-banking company Mono and announced Ripple's strategic investment as part of a Series E round.

## Achievements

- Co-founded Flutterwave in 2016 and became chief executive in 2018.
- Named to Fortune's 2020 40 Under 40 list in finance.
- Named to the 2021 TIME100 Next list.
- Received Nigeria's Officer of the Order of the Niger national honor in 2022.
- Appointed vice chair of the U.S.-Africa Business Center board in 2024.
- Joined the Smithsonian National Museum of African Art's advisory board in 2023.
- Led Flutterwave through the 2026 acquisition of Mono and a Series E strategic investment from Ripple.

## Latest updates

- **2026-06** — Flutterwave announced a strategic investment from Ripple as part of its Series E fundraising and a partnership to expand stablecoin-enabled cross-border settlement.
- **2026-01** — Flutterwave acquired open-banking infrastructure company Mono, which continues to operate independently while aligning with Flutterwave's payment network.
- **2025-07** — Agboola said Flutterwave's immediate corporate goal was profitability and described his leadership evolution from direct problem-solver to chief enabler.
- **2024-04** — He was appointed vice chair of the U.S.-Africa Business Center board.

## Links

- Website: https://flutterwave.com
- LinkedIn: https://www.linkedin.com/in/gbagboola
- Twitter/X: https://x.com/TechProd_Arch

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Profile page: https://yespress.io/olugbenga-agboola
Published by YesPress — https://yespress.io
Last updated: 2026-09-27