Roqqu acquires Kenya’s Flitaa as Nigerian startups eye East Africa
Nigerian cryptocurrency exchange Roqqu has announced its acquisition of Flitaa, a Kenya-based crypto startup, as part of its expansion into East Africa. Per TechCabal, the acquisition gives Roqqu immediate entry into Kenya’s fintech market and marks the company’s first footprint in the region.
Flitaa, founded in 2019, operates in Kenya, Ghana, Uganda, and Tanzania. The company allows users to buy and sell cryptocurrencies and has built a customer base through its simplified crypto transaction services. While the value of the acquisition remains undisclosed, Roqqu stated that Flitaa’s operations will be integrated into its platform.
Roqqu has been operating since 2019 without raising external capital, and the acquisition aligns with its vision to become a pan-Af...