What is Flutterwave?

An intern’s memo on the fintech shaping how Africans transact with the global economy.

Flutterwave was founded to provide technology, infrastructure, and services that enable global merchants, payment service providers and Pan African banking bridging the gap between Africa and the rest of the world.

Flutterwave has also shown a niche for providing localized payment solutions to businesses and corporate organizations which have drastically reduced the time and cost of transacting to the barest minimum by making payments and accepting payments simple via the simple mobile payment gateway solution.

Also, the Fintech recently announced a groundbreaking partnership with Alipay, providing flutterwave merchants access to more than one (1) billions Alipay users, thus, opening the continent to the second-largest economy in the world.

Flutterwave’s mission is to inspire a new wave of prosperity across Africa by building a payment infrastructure to connect Africa to the global economy. Flutterwave helps businesses across Africa go global by making the exchange of funds easy in more than 150 currencies. As they have made it easier for Africans to build global businesses that can connect across Africa and the world, thus receiving and sending payments easily.

Rave by Flutterwave is known to be so good, safe and secured that the list of businesses deploying this payment platform keeps growing. Some of these businesses include Africa’s largest e-Commerce platform Jumia, Airlines such as Flywire and Arik, Uber, 1xBet, HNG internship amongst others.

However, unlike other payment platforms, what set out Flutterwave from the rest is not only its safe, secure, seamlessly fast and simple integrated modern payment platform or its fantastic user experience but the company’s vision to merge seamless transacting experience with financial discipline by helping users manage their finances better.

Moreover, it is no news that Flutterwave has continued to lead the charge among Fintech on the continent by combining rave: an integrated payment platform that provides simple mobile payment gateway solution, processing millions of transactions per annum which has changed the way businesses are run on the continent; with barter: an all-in-one platform designed to make and accept payments, manage finances and pay bills and other utilities making life easier for millions of people on the continent.

Little wonder the company has continued to reach various milestones alien to payment platforms especially ones with core operations on the African continent such as raising capital funds over the year starting with the $10 million Series A round of funding in 2017 led by Greycroft Partners and Green Visor Capital with participation from Y combinatory and Glynn capital which was geared towards hiring more talents and expand its operations across Africa serving more than 26,000 businesses on the continent as there secured payment portal.

Next time you’re asked “What is Flutterwave?”, it is safe to say Flutterwave is fintech bridging the payment gap between Africa and the global economy. It is the payment platform making Africa feel like a country.

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