Okra Co-Founder Fara Ashiru Joins UK’s Kernel
- Fara Ashiru has joined Kernel as Head of Engineering.
- Okra raised a total of $16.5 million from investors.
- Okra's co-founder and COO David Peterside left the company in 2022.
The departure of Fara Ashiru raises significant concerns about Okra's ability to navigate the increasingly competitive and regulatory challenges in Nigeria's fintech landscape. The company's pivot to cloud services may not be sufficient to regain its footing, especially with better-funded competitors dominating the market. It will be crucial for the remaining leadership to innovate and adapt quickly to survive.
