What Does Flutterwave's Fall From Grace Mean For Africa's Tech Ecosystem?
Africa's most valuable startup, Flutterwave , has been in the news for all the wrong reasons this month. It all started last week with a workplace bullying accusation against Olugbenga ‘GB’ Agboola, the CEO of the $3 billion valued fintech startup. A former employee put out a Medium post and a series of tweets chronicling her experiences with the alleged bullying antics of GB. These included refusal to offer her the agreed package upon her resignation as well as refusing to amicably settle a dispute whereby Flutterwave, by their negligence, cause her and her family to be harassed and investigated for fraud by authorities. Then yesterday, a lengthy expose by award-winning Nigerian independent investigative journalist David Hundeyin brought up a barrage of allegations against the company's executive management including insider trading and moonlighting by GB, lying under oath at a Securities and Exchange Commission hearing, sexual harassment of employees, corporate fra
