The cofounder and CEO of fintech startup Flutterwave, Olugbenga Agboola, has
purchased a Miami beach house valued at $7.1 million.
A report by Business Insider Africa, which cited official records, described the
property as a sixbedroom, sevenbathroom house. It was previously owned by the
Boschetti Group, a real estate development firm that purchased the plot for $1.2
million in 2021 and built the home last year.
Despite being a nonwaterfront property, the house commanded a premium price,
reflecting the recent trend of skyrocketing demand and prices for South Florida
real estate. The COVID19 pandemic has spurred a migration of affluent
individuals and families to the area, driving up demand for historically less
expensive nonwaterfront properties.
Agboola’s track record: The Nigerianborn entrepreneur founded Flutterwave in
2016 to improve the payments infrastructure for banks and global businesses.
The fintech startup has since raised $474.5 million in funding and achieved a
valuation of $3 billion last year. Agboola’s contributions to technological
advancement were recognised when he received the Nigerian National
Honour Medal of the Officer of the Order of Niger in October 2022.
Aside from being a fintech engineer and an entrepreneur, he is also a certified
ethical hacker, security analyst, and Microsoft system engineer. Olugbenga
Agboola also assisted in the growth of a few Fintech companies and financial
services like PayPal and Standard Bank.
Tech founders’ lifestyle: Agboola’s new acquisition exemplifies the lavish
lifestyles of most successful tech founders across the world. Another case in point
is Meta (Facebook) founder, Mark Zuckerberg.
The cofounder and CEO of fintech startup Flutterwave, Olugbenga Agboola, has
purchased a Miami beach house valued at $7.1 million.
A report by Business Insider Africa, which cited official records, described the
property as a sixbedroom, sevenbathroom house. It was previously owned by the
Boschetti Group, a real estate development firm that purchased the plot for $1.2
million in 2021 and built the home last year.
Despite being a nonwaterfront property, the house commanded a premium price,
reflecting the recent trend of skyrocketing demand and prices for South Florida
real estate. The COVID19 pandemic has spurred a migration of affluent
individuals and families to the area, driving up demand for historically less
expensive nonwaterfront properties.
Agboola’s track record: The Nigerianborn entrepreneur founded Flutterwave in
2016 to improve the payments infrastructure for banks and global businesses.
The fintech startup has since raised $474.5 million in funding and achieved a
valuation of $3 billion last year. Agboola’s contributions to technological
advancement were recognised when he received the Nigerian National
Honour Medal of the Officer of the Order of Niger in October 2022.
Aside from being a fintech engineer and an entrepreneur, he is also a certified
ethical hacker, security analyst, and Microsoft system engineer. Olugbenga
Agboola also assisted in the growth of a few Fintech companies and financial
services like PayPal and Standard Bank.
Tech founders’ lifestyle: Agboola’s new acquisition exemplifies the lavish
lifestyles of most successful tech founders across the world. Another case in point
is Meta (Facebook) founder, Mark Zuckerberg.
Source: Nairametrics
