Roqqu acquires Flitaa to accelerate East Africa expansion

Date:

Nigerian crypto exchange Roqqu has acquired Flitaa, a smaller digital asset startup with operations in Nigeria and Kenya, in a strategic move to fast-track its entry into East Africa’s growing crypto economy. The acquisition marks a calculated push by Roqqu to build a seamless, cross-border platform capable of serving users across diverse African markets.

Through this deal, Roqqu taps into Flitaa’s operational infrastructure and localised insights, particularly within Kenya, a market known for its high mobile money adoption and youthful, tech-savvy population. This positions Roqqu to onboard new users quickly while integrating local payment methods, such as M-Pesa, and adapting its services to regional usage patterns.

The acquisition is also in line with Roqqu’s broader vision to become a pan-African Web3 powerhouse, offering services that span crypto trading, digital remittances, and blockchain-based utilities. The company has already expanded into Ghana, South Africa, and select European regions, and now sees East Africa as a critical growth frontier.

Users across Kenya will now gain access to Roqqu’s offerings, including its crypto wallet, low-fee trading platform, and the Roqqu Hub, an initiative aimed at driving blockchain education, project discovery, and developer collaboration. Beyond platform features, Roqqu has signalled a strong interest in community integration, with plans to partner with local tech groups and blockchain innovators to support grassroots adoption.

With over 2 million users already on the platform and a goal of reaching 5 million across Africa, Roqqu’s acquisition of Flitaa reflects a shift in strategy, favouring consolidation and localised intelligence over solo market entry. As African crypto infrastructure matures, such partnerships may become the new playbook for scale and relevance.

Read also: MoneyBadger raises R7.2m to expand Bitcoin payments in South Africa

Share post:

Subscribe

Recent Posts

Related posts

Cardano founder says politics could disrupt bitcoin’s price cycle

The long-standing belief that Bitcoin’s price follows a predictable...

MEXC launches global P2P push to expand stablecoin access across Africa

Global crypto exchange MEXC has announced a long-term peer-to-peer...

AfCFTA rolls out blockchain platform to simplify African trade

The African Continental Free Trade Area (AfCFTA) has introduced...

South Africa’s central bank flags crypto as systemic risk

The South African Reserve Bank has officially classified cryptocurrencies...