Flutterwave partners with Currencycloud for businesses to receive payments in multi-currency accounts
Written by Joan Aimuengheuwa
Fintech unicorn, Flutterwave, has partnered with Currencycloud to stimulate expansion in Europe and the United States.
Interestingly, Flutterwave was listed as one of the 100 Most Influential Companies in Time’s recently published magazine. The current partnership with Currencycloud will help the company increase its customer base, gaining wider traction.
The company plans to launch in Europe and the US, strengthening its services to customers, making it possible for them to send and receive money from any part of the world with the company’s distinct virtual accounts, quickly and efficiently.
Users will now be provided with more service options globally. The partnership will allow users to receive payments not just using debit cards, but via other new channels, and will ensure total transparency to foreign exchange charges for international payments, giving customers access to multi-currency wallets.
Indeed, Flutterwave is on a journey to reach every nook and cranny of the world. Recall the company’s partnership with Africa Fintech Summit 2021 as Platinum Sponsor. The current development reiterates the company’s interest in scaling beyond its existing reach globally, not just in a particular region.
Olugbenga ‘GB’ Agboola, founder and CEO of Flutterwave stated:
“This partnership marks our ongoing commitment to creating a payments infrastructure that links the world to Africa. Our shared value of simplifying payments, coupled with the speed with which we could launch in a new market leveraging Currencycloud APIs were just a few reasons why we partnered with them.”
“Through our partnership, we are excited to offer new and existing customers more payment options to grow their business, access new markets and build their customer base,” he said.
David Heitzmann, vice president of Sales and general manager of North America at Currencycloud said that the company’s goal is to reimagine the way money flows around the world. “The partnership with Flutterwave is a great example of this, and we are thrilled to be able to support Flutterwave in their mission,” he pointed out.
Right away, the incorporation of Currencycloud’s API into Flutterwave’s technology has been done. Existing and new customers can start leveraging the innovation.