# Flutterwave corporate and strategic developments

> Live situation record from CLSTR: https://clstr.news/situations/flutterwave-corporate-and-strategic-developments
> Updated: 2026-09-29T16:31:18.000Z. Sources: 7. Developments: 2.

The Nigerian-founded payments technology company Flutterwave has undergone several leadership and strategic developments. The company appointed Morounke Olufemi as Global Chief Financial Officer, succeeding Mitesh Popat, who transitioned to a strategic adviser role. This appointment follows a period of significant growth, including a $170 million Series C funding round that helped the firm achieve a billion-dollar valuation.

CEO Olugbenga Agboola was subsequently recognized as one of the top 100 global fintech leaders by FinTech Magazine. During this period, Flutterwave expanded its service offerings by securing a Nigerian Microfinance Bank licence to hold deposits and acquiring the open banking platform Mono to strengthen its position in the open finance ecosystem.

## Timeline

### 2026-09-29: Flutterwave CEO Olugbenga Agboola named among top 100 global fintech leaders

Flutterwave CEO Olugbenga Agboola has been recognized as one of the world’s top 100 fintech leaders, joining executives from Coinbase and Stripe as Flutterwave expands its financial services in Africa.

3 sources. https://clstr.news/cluster/flutterwave-ceo-olugbenga-agboola-named-among-top-100-global-fintech-leaders

### 2026-09-23: Flutterwave appoints Morounke Olufemi as Global CFO

Flutterwave has appointed Morounke Olufemi as Global CFO, succeeding Mitesh Popat. The move follows a $170 million Series C funding round that helped the fintech unicorn reach a billion-dollar valuation.

4 sources. https://clstr.news/cluster/flutterwave-appoints-morounke-olufemi-as-global-cfo

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Cite as: Flutterwave corporate and strategic developments. CLSTR, https://clstr.news/situations/flutterwave-corporate-and-strategic-developments