Flutterwave Leads Fintech Revolution In Africa
Tags: whatisflutterwave
Published: 2019-09-29 12:33:22


Ranked as the second most innovative business of 2019 by Fast Companies, Flutterwave is a fintech company with a community of excellent in-house engineers that develop innovative technology to make and accept payments anywhere in the globe. 

Flutterwave is simplifying and widening the possibilities in payments technology by enabling individuals, businesses and banks across Africa to make online transactions with their currency, across multiple payment channels. 

With investors now including, Green Visor Capital, GreyCroft Partners and On Omidyar Network, this online payment platform was co-founded in 2016 by Flutterwave CEO Olugbenga Agboola and Aboyeji, Andela co-founder 2016 to provide African countries easy access to global markets. 

Along with a group of engineers, ex-bankers and entrepreneurs, the mission of Flutterwave is to connect Africa to the mainstream economy and make it prosperous. 

The Flutterwave API enables users to connect and facilitate transactions across the globe through multiple advanced payment channels. 

Flutterwave’s offerings include Rave and Barter. 


Rave by flutterwave was founded in 2017 with the object of simplifying payments by providing payment links across a range of digital platforms such as whatsapp, a website or invoice, to ensure anyone, anywhere is able to make and accept payments. All the unique payment features are offered on one dashboard providing customers access to a pool of payment solutions.

With over 150 accepted currencies, and accepting payments in 154 countries, rave ensure access through affordability by only charging per transaction, and does not charge for set-up or require any monthly fees. 

Rave is not only secure, fast, affordable, but it also has a zero failed transaction rate, and able to transact with Visa, mastercard and many more. 

Barter

Boasting with over 30 000 users, Barter is a personal finance app that allows individuals and small to medium enterprises to actively manage their finances. 

Benefits of Flutterwave’s products include:

1. Access to more markets for businesses not limited by national boundaries or currency 
2. Simpler to make payments through a range of payment options
3. Setting up an account gives access to all the payment solutions offered by the platform 
4. Connection to major online platforms like Quickbooks
Support is available 24/7
5. Flutterwave is safe and has attained level 1 of Payment Card Industry Data 6. 6. Security Standards (PCIDSS) which seeks to ensure safety for card holders who transact online. 
7. Is able to provide custom solutions for customers. 

With $2.5B in processed payments, 100M processed transactions, partnering with 50 banks in Africa, it is only fitting that Flutterwave was awarded Best Payments Company in 2019 by Ghana eCommerce Awards Ceremony. 

Flutterwave partners with businesses like Uber.com, booking.com and Transferwise to simplify accepting and payments for these major companies, it is not hard to predict that Flutterwave is revolutionizing the payments technology landscape in Africa and everyone will feel this wave.