Flutterwave is among companies planning to acquire UK's Railsr
Flutterwave is among companies planning to acquire struggling UK fintech company, Railsr: "Sources said that a consortium comprising a number of existing Railsr investors was also vying to acquire the company, which specialises in so-called embedded finance solutions such as banking services, credit cards and digital wallets."
A prominent British fintech is in talks with rival suitors including Africa's largest payments technology company about a sale that would take place at a steep discount to an earlier funding round.
Sky News has learnt that Railsr - which was previously known as Railsbank - is fielding offers from potential buyers including Flutterwave, which has attracted a multibillion dollar valuation.
Considering that Flutterwave has built within herself the confidence to go against other Global entity is an healthy sign financial strenght and guts.
However, I am sure many who are very familiar with UK's terrain will agree it is a waste of time on the grounds of Regulation.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
Yet, Flutterwave ambition to expand could be channeled in the right direction. Invest in generation business just as Goldman Sachs is doing with the 10 years 10,000 venture.
That is investing in the root way before they become something. Thus giving her huge control over this entities.
Greetings Prof.
