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Floww Financial enters African crypto market with Nigeria launch

Ibukunoluwa Bankole by Ibukunoluwa Bankole
February 22, 2024
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Floww Financial enters African crypto market with Nigeria launch
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Floww Financial has made its foray into the African cryptocurrency market with the launch of its operations in Nigeria. 

The company now offers fiat-to-crypto and crypto-to-fiat services on leading exchanges, including Binance, where it operates as a peer-to-peer merchant.

Local Talent Empowerment and Expansion

Daryl Teo, the Chief Investment Officer and Founder of Floww Financial expressed enthusiasm about the region’s potential and talent pool. He has already hired local employees across various fields, emphasising the importance of building a strong local team. Teo aims to provide opportunities for these employees to learn from global talents while incorporating best practices to deliver top-notch services to customers in the region.

Read also: Namibia passes crypto regulation bill

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Global Entrepreneur with a Vision

Teo’s entrepreneurial journey spans multiple successful exits over the past two decades. He brings a wealth of experience, having seen some of his former startups acquired by major corporations like Softbank, Konami, and Paysafe Group. Teo’s previous roles include Chief of Strategy and Senior Vice-President of Lazada Group, Southeast Asia’s largest e-commerce company, and Director of Digital Transformation for Singtel, Singapore’s national telco.

Teo is now focusing on contributing to Africa’s cryptocurrency scene, exploring opportunities with partners interested in leveraging blockchain technology for their businesses. He sees potential in various sectors, such as e-commerce and payroll management, where cryptocurrency adoption can streamline processes and provide alternatives to traditional payment methods.

Future Projects and Social Impact

Teo hinted at launching more projects in Africa, leveraging his team’s expertise in Web 3.0 and NFT space. He aims to explore the intersection of blockchain, finance, sports, and gaming, emphasising the role of technology in showcasing Africa’s beauty and creating value for local communities.

With the African crypto market projected to grow significantly in the coming years, Teo’s startup aims to capitalise on this growth and contribute to Africa’s economic development. Floww Financial’s entry into the market aligns with the region’s evolving tech landscape and the increasing adoption of cryptocurrency.

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About Floww Financial and Daryl Teo

Floww Financial is a licensed cryptocurrency exchange company operating globally. Teo, with his extensive experience in the tech and finance sectors, leads the company’s efforts to provide innovative crypto solutions to customers worldwide. His vision for leveraging technology for social impact underscores Floww Financial’s commitment to driving positive change in Africa and beyond.

As Teo continues to navigate the complexities of the cryptocurrency market in Africa, his leadership and entrepreneurial acumen position Floww Financial for success in the region’s dynamic tech ecosystem.

Tags: CryptoFlowwNigeria
Ibukunoluwa Bankole

Ibukunoluwa Bankole

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