Flutterwave collaborates with Token.io to facilitate bank transfers to the United Kingdom and the European Union.

Flutterwave collaborates with Token.io to facilitate bank transfers to the United Kingdom and the European Union.

ByTechTrends

Flutterwave, Africa’s leading payments technology company, has partnered with Token.io, A2A payments also known as ‘Pay By Bank’ – a fast and secure way to move Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave’s platform. According to an announcement made today at the Money20/20 Europe fintech conference…

Flutterwave Obtains a Switching License from the Central Bank of Nigeria
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Flutterwave Obtains a Switching License from the Central Bank of Nigeria

ByTechTrends

Flutterwave, a major payments technology firm in Africa and in Nigeria, has announced that the Central Bank of Nigeria has granted it a Switching and Processing License (CBN). Flutterwave will be able to issue payment cards to customers directly thanks to the Switching and Processing license, as well as process financial transactions for other fintech…

Flutterwave, Other African Fintech Startups Discontinue Virtual Card Service Indefinitely

Flutterwave, Other African Fintech Startups Discontinue Virtual Card Service Indefinitely

ByTechTrends

In an email received earlier today, the fintech startup Flutterwave announced that starting on Sunday, July 17, 2022, customers of Barter Card, a virtual dollar card service, will no longer be able to use it. According to the message, the service was terminated “due to an update from our card partner, which will result in…

Flutterwave launches new product offerings and features after Series D funding
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Flutterwave launches new product offerings and features after Series D funding

ByTechTrends

Flutterwave, a Nigerian fintech unicorn, has unveiled new product offerings and features for individuals, business owners, and developers just two days after raising $250 million in Series D funding. This announcement was made on the company’s official social media accounts. Flutterwave CEO Olugbenga Agboola stated in a video announcement that Flutterwave is opening up a…

LoftyInc Capital Management, Nigerian VC firm made up to 65 African investments in 2021
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LoftyInc Capital Management, Nigerian VC firm made up to 65 African investments in 2021

ByTechTrends

  LoftyInc Capital Management is a venture capital business with the goal of “creating an ecosystem of Africans investing in Africans solving African problems.” The business announced the first closing of its US$10 million LoftyInc Afropreneurs Fund 3 (LAF3) in September, as it ramped up its participation in the African startup area. This followed after…

Flutterwave completes $250m Series D with valuation at over $3bn

Flutterwave completes $250m Series D with valuation at over $3bn

ByTechTrends

Flutterwave, a Nigeria-based fintech company, has raised $250 million in Series D funding, its single-largest investment to date, valuing the company at more than $3 billion. B Capital Group led the investment, which included new investors Alta Park Capital, Whale Rock Capital, and Lux Capital, as well as existing investors Glynn Capital, Avenir Growth, Tiger…

CinetPay, an Ivory Coast-based fintech startup, raises $2.4m seed round from Flutterwave and 4DX Ventures

CinetPay, an Ivory Coast-based fintech startup, raises $2.4m seed round from Flutterwave and 4DX Ventures

ByTechTrends

CinetPay, an Ivory Coast-based startup that provides a digital finance platform that allows merchants in Francophone Africa to accept and make payments seamlessly, has raised a US$2.4 million seed funding round from 4DX Ventures and Flutterwave to expand its sales and marketing efforts across nine markets in West and Central Africa. CinetPay has processed over…

In 2021, Nigerian startups received $1.37 billion of Africa’s $4 billion in funding.

In 2021, Nigerian startups received $1.37 billion of Africa’s $4 billion in funding.

ByTechTrends

Nigeria received the largest share of the $4 billion in startup funding that Africa, in particular, attracted in 2021, with $1.37 billion. Four countries emerged at the top, as expected: Nigeria, South Africa, Egypt, and Kenya. They accounted for 80% of total capital raised on the continent up until the end of November, with Nigeria…

Top 5 Leading African Fintech Companies of 2021
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Top 5 Leading African Fintech Companies of 2021

ByTechTrends

Over the last year, there have been several changes in the economies and structures of African countries. Due to the COVID-19 epidemic, several people were forced to stay at home and go primarily cashless. Africa’s Fintech stepped in to help, providing Africans with cutting-edge technologies that allowed them to access the best financial services available….

Arnergy Introduces Diaspora Initiative; a home-based solar energy investment product for Nigerians abroad

Arnergy Introduces Diaspora Initiative; a home-based solar energy investment product for Nigerians abroad

ByTechTrends

Arnergy, a leading distributed utility company that provides solar energy solutions, has announced the launch of the Diaspora Initiative – a ground-breaking program that allows the global Nigerian diaspora to invest in solar energy solutions on behalf of local individuals and businesses. The Diaspora Initiative, the first of its kind from an African solar company,…

Is Flutterwave’s acquisition of Disha a win for the creator economy?

Is Flutterwave’s acquisition of Disha a win for the creator economy?

ByTechTrends

Launched in 2019 by Cregital, a Lagos-based creative design agency, Disha Pages gave users the tools with which to build their own one-page websites from the comfort of their smartphones, without worrying about technicalities such as coding or sorting out a domain name. Credit: Disha (Medium) The product was an instant hit and got considerable adoption among creators…

Standard Bank partners with Flutterwave to expand digital payments across Africa

Standard Bank partners with Flutterwave to expand digital payments across Africa

ByTechTrends

Standard Bank, Africa’s largest bank by assets, has partnered with Flutterwave, Africa’s leading payments technology company, to enhance digital payments across Africa. Flutterwave and Standard Bank are collaborating to build e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later capabilities for customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. The integration will help customers…

Flutterwave Enables New Europe-Africa Payment Corridors via Stellar
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Flutterwave Enables New Europe-Africa Payment Corridors via Stellar

ByTechTrends

The Stellar Development Foundation (SDF) announced that Flutterwave, a global payments technology company, has launched two new remittance corridors between Europe and Africa on the Stellar network. Working with TEMPO, Flutterwave is leveraging the Stellar network and Stellar USDC to simplify remittances in Africa. Opening these new corridors will greatly benefit businesses focused on building more efficient, cost-effective remittance services, contributing to a stronger, more inclusive…

Nigeria’s Flutterwave in Talks to Triple Valuation to $3 Billion

Nigeria’s Flutterwave in Talks to Triple Valuation to $3 Billion

ByTechTrends

Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure that would roughly triple its last valuation, according to people with knowledge of the matter. The startup, which has offices in Lagos, Nigeria and San Francisco, recently held discussions with potential investors, the people said….

Flutterwave, Opay named among CB Insights’ Fintech 250 companies

Flutterwave, Opay named among CB Insights’ Fintech 250 companies

ByTechTrends

Made up of 250 top private companies leveraging technology to solve challenges in the financial services industry, CB Insights has unveiled the fourth annual Fintech 250. The Fintech 250 includes the most promising fintech companies from around the world, operating in capital markets, insurance, digital banking and wealth management. Companies in this year’s cohort have…

More African countries dive into a cashless future with new MTN, Flutterwave deal

More African countries dive into a cashless future with new MTN, Flutterwave deal

ByTechTrends

MTN’s new deal with payments technology firm, Flutterwave is set to deliver cash to mobile wallets of more Africans via MTN Mobile Money (MoMo) with the planned expansion in Cameroon, Côte d’Ivoire, Rwanda, Uganda, and Zambia. This digital move is primed to plug millions of unbanked people in those countries into mainstream financial services and prop up businesses especially…

Nigerian businesses can now accept Apple Pay on Paystack

Nigerian businesses can now accept Apple Pay on Paystack

ByTechTrends

Paystack, the African fintech company that powers and processes payments for businesses, today announced that it is launching Pay with Apple Pay on its platform. The company, in a statement, called the integration “the fastest, secure way for Nigerian businesses to accept international payments.” Apple Pay, Apple’s mobile payments and digital wallet service, provides users…

Flutterwave partners with Currencycloud for businesses to receive payments in multi-currency accounts
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Flutterwave partners with Currencycloud for businesses to receive payments in multi-currency accounts

ByTechTrends

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…

MTN Announces Partnership with FinTech Unicorn Flutterwave

MTN Announces Partnership with FinTech Unicorn Flutterwave

ByTechTrends

Written by Luis Monzon MTN today announced a new mobile money partnership with one of Africa’s leading payments technology companies and unicorn startup, Flutterwave. This partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda, and Zambia to receive payments via MTN Mobile Money (MoMo), the South African telecom behemoth said in a…

Flutterwave Partners with Visa to Launch GetBarter App For Home, Abroad Payments
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Flutterwave Partners with Visa to Launch GetBarter App For Home, Abroad Payments

ByFolami David

Flutterwave, a global payments solutions business based in Africa has collaborated with Visa to launch GetBarter. This is an app that lets consumers and merchants to pay and collect payments home and abroad. This GetBarter application is a lifestyle payment solution that functions globally with an existing user base in countries like South Africa, Kenya,…