The American Chamber of Commerce, Ghana, is pleased to announce payments technology company, Flutterwave as our new #PlatinumMember.
Flutterwave was founded in 2016 with the mission to simplify transactions to accelerate international commerce and economic growth in Africa.
The company seeks to connect Africa to the world and empower a new generation of tech-savvy, educated Africans, thereby preparing the continent to take its rightful place in the new digital economy.
Flutterwave is at the leading edge of the future of U.S. – Africa trade and investment. Led by a world-class international team and backed by U.S. venture capital, Flutterwave has its headquarters in San Francisco and its main operating base in Lagos. They have operations in over 30 African countries, including the continent’s biggest e-commerce markets: Nigeria, South Africa, and Kenya.
Flutterwave Technology Solutions Limited (FTSL) was incorporated in August 2017 in Accra, Ghana, and has been operating as a payment service provider since then. They are integrated directly with major banks, fintech, and mobile network providers in the country and provide payment services through them.
In Ghana, they offer Flutterwave for Business and Barter. Services available on Flutterwave for Business include payment collection in all currencies, payouts in GHS, USD Virtual Card creation and funding, transfer services, and airtime purchases. Flutterwave for Barter offers local money transfers and inward remittances.
The company hopes to capitalize on the African Continental Free Trade Area (AfCFTA) to see even more cross-border commerce and a continent-wide regulatory system that will give companies like Flutterwave more predictability.
Flutterwave was founded by Nigerian entrepreneurs Olugbenga Agboola, Adeleke Adekoya, and Iyinoluwa Aboyeji, alumni of Standard Bank, Andela, PayPal, Google Wallet, and other fintech firms.
These industry veterans identified the problem of fragmented cross-border payments in Africa and developed a digital payment API to facilitate business across the continent by allowing users to make international payments in their currencies. The firm also provides technology advisory services and capital initiatives.
The Flutterwave platform has processed over 200 million transactions and serves over one million businesses. Learn More…