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Investors say Flutterwave’s governance issues demand an intervention

qz.com/africa...

submitted over 4 years ago by anane

Investors say Flutterwave’s governance issues demand an intervention

submitted over 4 years ago by anane

Investors say Flutterwave’s governance issues demand an intervention
  • Flutterwave, a rapidly growing African tech company, raised $170 million in 2021, boosting its valuation to over $1 billion, but is now facing scrutiny due to allegations of misconduct against its CEO.
  • Investors are calling for better corporate governance and management changes, while some believe the company will remain valuable despite the controversies.
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