African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit hard by inflationary pressures, rising interest rates, cashflow pressures and VC pullback.
At the time, the firm said it intended to use some of the cash to spur growth through M&A.
https://www.finextra.com/newsarticle/41580/flutterwave-eyes-up-railsr