Flutterwave Cuts Half of Kenya, South Africa Staff Amid Profit Push, IPO Plans
African fintech unicorn Flutterwave has laid off half of its staff in Kenya and South Africa as it sharpens its focus on profitability ahead of a potential IPO. The cuts, which began in March 2025, primarily affected compliance, legal, and HR teams, according to sources familiar with the matter. Why it matters The layoffs mark […] The post Flutterwave Cuts Half of Kenya, South Africa Staff Amid Profit Push, IPO Plans appeared first on Tech Labari.
African fintech unicorn Flutterwave has laid off half of its staff in Kenya and South Africa as it sharpens its focus on profitability ahead of a potential IPO. The cuts, which began in March 2025, primarily affected compliance, legal, and HR teams, according to sources familiar with the matter. Why it matters The layoffs mark […]
The post Flutterwave Cuts Half of Kenya, South Africa Staff Amid Profit Push, IPO Plans appeared first on Tech Labari.
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