Okra Co‑founder Fara Ashiru joins British startup following company’s shutdown
- Fara Ashiru Jituboh exited Okra in May 2025 after the company's shutdown.
- Okra launched its in-house cloud infrastructure product, Nebula, in October 2024.
- The startup raised a total of over $16.5 million in funding, including $1 million in pre-seed and $3.5 million in seed funding.
The exit of Jituboh and the shutdown of Okra highlight the volatile nature of the fintech landscape in Nigeria, where rising operational costs can quickly undermine even promising startups. This situation raises questions about the sustainability of fintech ventures in emerging markets and the need for strategic financial management.
