Flutterwave, Africa’s leading payments technology company, has made strides in recent years, solidifying its position as a critical player in the global economic landscape. The company’s commitment to innovation and connecting Africa to the world has not gone unnoticed, as evidenced by its recent partnerships, accolades, and strategic moves.
One notable development is Flutterwave’s partnership with Acquired.com, which aims to enhance the user experience on its flagship remittance product, Send App. By leveraging Acquired.com’s payment processing expertise, Flutterwave is set to offer faster and more secure outward remittance transactions for UK and EU cardholders sending money to Africa. This collaboration also involves payment optimization, with Acquired.com providing tailored analysis and recommendations to streamline the customer journey further.
Flutterwave’s founder and CEO, Olugbenga Agboola, has also been recognized for his leadership and vision. He was named vice chair of the US Chamber of Commerce’s US-Africa Business Center’s board of directors. This appointment highlights Flutterwave’s commitment to strengthening US and African relations and championing emerging technologies. President Bola Tinubu of Nigeria endorsed this move, emphasizing the company’s role in Africa’s digital revolution.
In a remarkable achievement, Flutterwave was ranked No. 1 in Fast Company’s Most Innovative Company for Europe, Middle East, and Africa 2024, joining the ranks of industry giants like Nvidia, YouTube, and Taco Bell. This recognition is a testament to the company’s relentless pursuit of innovation across all aspects of its business, from building Africa’s most extensive payment network to creating solutions that simplify payment solutions, currency exchanges, e-commerce, and remittances for global companies and local businesses alike.
Flutterwave has collaborated with Microsoft to seamlessly scale up its comprehensive payment solutions on Azure to bolster its offerings for global enterprises further. This partnership allows Flutterwave to process large-scale payments, ensuring its clients a seamless and secure payment experience. Additionally, the company has partnered with Token.io to enable open banking for its UK and EU customers, introducing African businesses to millions of global customers.
Flutterwave’s impact extends beyond the business world. Its collaboration with Audiomack Plus enables African artists to monetize their skills and contribute to the continent’s growing music industry. The company has also integrated mobile money and cash pick-ups in selected destinations, making it easier for Africans, especially older adults, to receive remittances using their preferred cash withdrawal method.
As Flutterwave continues to innovate and expand its reach, it remains focused on its mission to drive sustainable growth in Africa by empowering small businesses with the digital financial services they need to thrive. With its strategic partnerships, industry recognition, and unwavering commitment to innovation, Flutterwave is well-positioned to shape the future of payments and commerce in Africa and beyond.