Flutterwave has officially dismissed rumors regarding a massive capital injection from the Nigerian government.
Recent reports suggested that the administration of President Bola Ahmed Tinubu had greenlit a $75 million investment in the fintech giant as a precursor to an Initial Public Offering (IPO).
However, the company was quick to set the record straight, clarifying that they have no knowledge about the IPO and the reported figures are inaccurate.
Flutterwave also emphasized that the company is not in any way close to an IPO, effectively cooling speculation about a near-term IPO.
