Andela Co-Founder Iyinoluwa Aboyeji is leaving to start payments company Flutterwave

Iyinoluwa Aboyeji, Co-Founder, Andela. Credit:

Just eight weeks after raising $24 million in a funding round led by Mark Zuckerberg’s foundation, Andela, one of Nigeria’s best-known startups, is saying goodbye to its co-founder Iyinoluwa ‘E’ Aboyeji.

Aboyeji, the face of the high profile Lagos-based coder training company, is now starting a new startup called Flutterwave, a digital payments infrastructure platform that will aggregate various payment methods for merchants, banks, and money transfer operators across Africa.

Payments has been one of the biggest challenges for Africa’s fledgling e-commerce market and Aboyeji, 25, whose previous startups have focused on the education and training sectors in the past, believes solving the payments challenge for merchant partners across the continent could unlock billions of dollars in value.

Read more: Andela, Mark Zuckerberg’s first big tech investment in Africa, is losing its cofounder — Quartz