In the quest to expand into US market, African payment startup, Flutterwave, has appointed Silicon Valley’s Jimmy Ku as the Head of US Growth.
Jimmy Ku’s appointment strengthens Flutterwave’s ambition for expansion into the US market, as well as plans to offer payment services to US-based customers, local businesses and companies.
Jimmy Ku has over 17 years experience in consulting, startup, and investment. He has co-founded five startups, and has previously served as the Chief Operations Officer (COO) at the mobile media platform, MixerBox.Inc.
Ku has also served as a Venture Scout for 10X Capital, and Grishin Robotics, and has worked to raise over $340 million in venture capital funding over the last three years.
Ku, while speaking on the appointment, said:
“I’m very glad to have joined Flutterwave to drive business growth in the US. I look forward to growing with the Flutterwave team whilst building a stronger payments infrastructure for US companies with African technology.”
Image source: Flutterwave
Commenting on the appointment, Flutterwave founder and chief executive officer (CEO), Olugbenga ‘GB’ Agboola, said:
“We are delighted to welcome Jimmy to our team at Flutterwave. Jimmy’s experience in the technology, start-up and innovation space greatly enhances our team’s credentials for expansion into the US market.”
“His (Jimmy Ku) role will also be valuable in the development of new products and services under our platform with the aim of meeting the needs of our US customer and investor base,” Agboola added.
Read also: Chipper Cash Raises US$100m in Series C Funding Round
Flutterwave was founded by Olugbenga Agboola and Iyinoluwa Aboyeji in 2016. The fintech startup claims to simplify payments for limitless possibilities by making it easier for Africans to launch global businesses that can make and receive payments from anywhere in the world.
Recently, Flutterwave partnered with US tech giants such as Paypal, Forter, and WorldPay FIS to accelerate digital financial payments solutions across the world.
The Fintech startup also completed a Series C fundraise of US$170m that brought in a number of blue-chip US-based investors to the share register. The startup also recently reached the unicorn status, after the Series C Funding.