The co-founder and chief executive of Nigerian fintech Flux says dropping out of college helped to pave the way for the launch of a new crypto payments company, one that has since been backed by renowned start-up accelerator Y-Combinator.
For him and his friends, however, school ended up being more of a "distraction" from their passion for programming, eventually leading them to dropout of OAU.Flux is a cryptocurrency remittance app. It lets users convert sovereign currencies into crypto and then send those funds overseas, claiming to make the process of international cash transfers faster and more efficient.
The problem with this, Eluan explained, is that fiat currencies have to pass through different channels, like banks and regulators, before someone can actually receive the money.recent paper They used the allowance their parents sent them at college to help set up the business, as well as continuing to work on other small freelance programming projects.Eluan said that while their parents didn't know about them using that college money for the business in the beginning, they were supportive on learning that Flux was off the ground.
MakeIt 4 prince's selling crypto
MakeIt Oh good. Professional scammers
MakeIt It's boring to sit at home alone, looking for someone to spend time with
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