Flutterwave CEO Champions Stablecoins as Africa's Next Financial Revolution

Table of Contents

• Introduction
• Youth and Fintech
• Speaking Engagements
• Economic Growth and Youth
• Stablecoin Adoption
• Future Infrastructure
• Partnerships
• Commitment to Access
• Conclusion

At notable events in Riyadh, including Money 20/20 Middle East and the two-day summit Fluidity 2025, Flutterwave Founder and CEO Olugbenga “GB” Agboola emphasized the company's transition towards supporting stablecoin payments for both individuals and businesses.

During his presentation titled “Youth, Mobile & Money: Africa’s Billion-Dollar Fintech Opportunity,” Agboola connected this vision to the continent’s demographic. He underscored the significant influence of Africa’s young population on global financial trends, stating, “Africa’s youth are early adopters, digital natives, and inherently entrepreneurial.”

Agboola continued this theme in his speaking engagements, which included a panel on public-private partnerships alongside Kashifu Inuwa Abdullahi, Director General of the National Information Technology Development Agency, and a session focused on enhancing trade flow between the Gulf Cooperation Council (GCC) and Africa.

Throughout these discussions, the Flutterwave CEO consistently conveyed that Africa’s youth demographic is an asset that requires proactive engagement from all stakeholders. He asserted that the continent’s economic development is directly linked to the achievements of its young population.

To support his argument, Agboola pointed to the over $1 trillion mobile money transaction value surge driven by African youth in 2024, which correlates with the current increase in stablecoin transaction adoption across the continent.

“Nigeria’s youth are leading this movement, with South Africa, Ethiopia, and Kenya closely following. This positions stablecoin adoption as the next logical step in the evolution of payments in Africa. In response, Flutterwave, Africa’s leading payment technology firm, is creating “Africa’s largest infrastructure for tomorrow’s money,” Agboola stated.

This vision encompasses new integrations showcased in Riyadh for the Flutterwave Dashboard, which facilitates cross-border business payments, along with the Send App by Flutterwave, designed to streamline remittances.

The company is also establishing new local and global partnerships, building on its existing inaugural design membership with Circle Payments Network for USDC and its collaboration with Global Remit for stablecoin conversion.

Agboola’s involvement in a roundtable discussing the G20 Cross-Border Payments Targets and a panel session, moderated by Nicole Valentine, FinTech Director at the Milken Institute, further reinforced Flutterwave’s dedication to promoting technologies and policies that enhance equitable access and empower individuals, communities, and businesses.

For Flutterwave, the forthcoming phase of fintech in Africa will focus on enabling businesses and consumers to transact with stablecoins effortlessly. This vision aims to minimize friction for entrepreneurs, enhance cross-border payments, and secure remittances for a new generation.