Roqqu acquires Kenya’s Flitaa as Nigerian startups eye East Africa
- Roqqu has acquired Flitaa, a Kenya-based crypto startup, to expand into East Africa.
- The acquisition allows Roqqu immediate entry into Kenya's fintech market.
- Flitaa operates in multiple East African countries, including Ghana, Uganda, and Tanzania.
The acquisition of Flitaa by Roqqu represents a strategic move in the evolving landscape of fintech in Africa. As Nigerian startups seek growth in East Africa, this trend could lead to increased competition and innovation in the region. However, the challenges of regulatory differences and market behavior must be carefully navigated to ensure sustainable growth.
