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Ex-Alibaba Exec’s Crypto Startup Launches in Africa, Starts Hiring in Nigeria

Floww Financial, spearheaded by former Alibaba executive Daryl Teo, has made its grand entrance into the African cryptocurrency market with the commencement of its operations in Nigeria.

Penetrating the African Crypto Market

Floww Financial has now made available fiat-to-crypto and crypto-to-fiat services on prominent exchanges, including Binance, where it operates as a peer-to-peer merchant. The company’s foray into the African market signifies its commitment to expanding its global footprint and tapping into the region’s burgeoning crypto ecosystem.

Local Talent Acquisition

Daryl Teo, the Chief Investment Officer and Founder of Floww Financial, is optimistic about the talent pool and growth potential in the African market. The company has already recruited local professionals across various domains, including Finance, Human Resources, Trade Operations, and Customer Service. Teo emphasized the importance of building a robust local team equipped with global expertise to deliver unparalleled services to customers in the region.

Vision and Expertise of Daryl Teo

With a rich entrepreneurial background and a string of successful ventures, Daryl Teo brings a wealth of experience to Floww Financial. Having previously served in senior leadership roles at Lazada Group and Singtel, Teo is well-versed in navigating complex business landscapes and driving strategic growth initiatives. His vision for Floww Financial extends beyond cryptocurrency trading, as he aims to explore innovative use cases and foster collaborations within the blockchain ecosystem.

Future Endeavors in Africa

Teo hinted at plans to launch additional projects in Africa, leveraging his team’s expertise in Web 3.0 and non-fungible tokens (NFTs). He expressed particular interest in exploring the intersection of blockchain technology with finance, sports, and gaming sectors. By harnessing the transformative power of blockchain, Teo envisions creating value for local African communities while showcasing the region’s diverse talent and culture on a global stage.

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Expanding Crypto Market in Africa

With the African crypto market poised for exponential growth, Floww Financial’s entry comes at a pivotal moment. According to projections, the market is expected to reach a value of US$653.1 million by 2028, driven by increasing adoption and investment in digital assets. Floww Financial’s presence in Nigeria and other African countries is poised to contribute significantly to the development of the crypto ecosystem and economic empowerment across the continent.

About Floww Financial

Floww Financial is a licensed cryptocurrency exchange operating in the EU, UK, and Australia, with a presence in multiple countries worldwide. The company offers retail clients seamless fiat-to-crypto onramp services and supports B2B corporates with their crypto-to-crypto exchange platform, facilitating spot and futures trading functionalities.

About Daryl Teo

Daryl Teo, the visionary behind Floww Financial, boasts a distinguished career marked by leadership roles at renowned organizations. As the former Chief of Strategy and Senior Vice-President of Lazada Group, he played a pivotal role in driving strategic initiatives and managing multi-billion-dollar projects across Asia. Teo’s entrepreneurial journey also includes stints at Singtel and Grab Holdings, where he spearheaded digital transformation efforts and forged strategic partnerships to drive business growth. With his extensive experience and expertise, Teo continues to be a driving force in the global business landscape, championing innovation and sustainable development.

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