Africa-focused payments technology company Flutterwave has acquired open banking infrastructure provider Mono. “The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region,” the company said...
Flutterwave has acquired 13 money transmission licenses in the United States, allowing for faster, more affordable and secure money transfers between the U.S. and Africa. These licenses expand Flutterwave’s reach to a total of 29 U.S. states, the payments technology company said in a Thursday...
Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies remains a major hurdle that is hampering international transactions, curtailing investments, and limiting individuals’ abilities to tap into global opportunities. ...
African payments technology company Flutterwave has launched a digital solution aimed at addressing the challenges faced by Nigerians in accessing foreign currencies. Developed in partnership with Wema Bank and Kadavra BDC, and backed by the Central Bank of Nigeria (CBN), the new solution, Swap, is a secure and reliable platform that provides...
September 28, 2023
Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies remains a major hurdle that is hampering international transactions, curtailing investments, and limiting individuals’ abilities to tap into global opportunities. “There’s almost no legitimate way you can go through today […]
December 31, 2021
Startup scenes in Europe, the Middle East and Africa (EMEA) are buzzing with activity, attracting major venture capital investment this year that has led to the creation of close to...
June 16, 2026
Africa-focused FinTech startup Flutterwave has reportedly sold an equity stake to blockchain company Ripple. This investment lifts Flutterwave’s valuation to $3.3 billion, CEO Olugbenga Agboola said in an interview with Bloomberg News published Tuesday (June 16). The news outlet added that Agboola declined to reveal how much Ripple invested or the size of its share. […]
January 05, 2026
Africa-focused payments technology company Flutterwave has acquired open banking infrastructure provider Mono. “The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a...
December 07, 2023
Flutterwave has acquired 13 money transmission licenses in the United States, allowing for faster, more affordable and secure money transfers between the U.S. and Africa. These licenses expand Flutterwave’s reach...
September 11, 2023
African payments technology company Flutterwave has launched a digital solution aimed at addressing the challenges faced by Nigerians in accessing foreign currencies. Developed in partnership with Wema Bank and Kadavra BDC, and backed by the Central...