Flutterwave is a debacle. Is it really too big to fail ❓
Flutterwave, a prominent fintech company in Africa, is facing controversies and allegations, including fraud and security breaches. Despite the negative press, Flutterwave is forging strategic partnerships with global players like Audiomack, Microsoft, and Token.io, aiming to enhance its international business development in the U.S. and Europe. The company's size and importance in the African tech ecosystem may make it "too big to fail," according to experts. However, it continues to deal with legal challenges, such as a temporary ban on some of its bank accounts and mobile money wallets in Kenya due to a fraud case. Despite the hurdles, Flutterwave's potential IPO aspirations and reputation management are key considerations for the company's future success and growth.
Read more on Rest Of World