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flutterwave

A collection of 28 posts

Flutterwave Cleared in Kenya as Anti-Money Laundering Agency Drops its Final Lawsuit

Flutterwave Cleared in Kenya as Anti-Money Laundering Agency Drops its Final Lawsuit

Flutterwave Appoints Leon Kiptum as Senior VP Enterprise Business for East Africa

Flutterwave Appoints Leon Kiptum as Senior VP Enterprise Business for East Africa

Leon Kiptum has been named Senior VP Enterprise Business for East Africa at Flutterwave. Leon made the announcement through his linkedIn page saying; “I’m happy to share that I started a new position as Senior Vice President, Enterprise Business – East Africa at Flutterwave. “At Flutterwave, we are building a

Nigeria's Flutterwave Invests Sh7.3 billion in Kenya

Nigeria's Flutterwave Invests Sh7.3 billion in Kenya

Flutterwave Announces Nairobi as its Eastern African Regional HTQ

Flutterwave Announces Nairobi as its Eastern African Regional HTQ

Flutterwave, Africa’s leading payments technology company, has announced that it will establish its East African regional headquarters in Nairobi, Kenya, as part of its expansion plan in the region. The move comes just a month after the African unicorn acquired two additional licenses to broaden its operations in Rwanda.

Flutterwave Secures EMI and Remittance Licenses in Rwanda

Flutterwave Secures EMI and Remittance Licenses in Rwanda

Flutterwave, a leading African technology payments startup, has received Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda (NBR) to expand its operations in East Africa. This is a significant milestone for Flutterwave’s vision of connecting all parts of Africa through payments and connecting Africa to

Cyber Attacks as a Threat to the Rise of Fintech Platforms in Nigeria

Cyber Attacks as a Threat to the Rise of Fintech Platforms in Nigeria

The Central Bank of Nigeria’s decision to redesign the country’s naira notes has resulted in a cash shortage, forcing Nigerians to turn to fintech platforms such as Kuda, MoMo, Fairmoney, Flutterwave, and Vbank. However, these startups have recently become targets of cyber attacks, with hackers stealing billions of

Flutterwave Moves One Step Closer to Connecting Africa to a Seamless Payment System as it Expands into North Africa

Flutterwave Moves One Step Closer to Connecting Africa to a Seamless Payment System as it Expands into North Africa

Flutterwave, a pan-African payments technology firm, announced its entry into North Africa yesterday with the acquisition of payment licenses in Egypt. These licenses, the Payment Services Provider and Payments Facilitator licenses, will allow the African leading fintech startup to operate in the country as a recognized payment service provider and

Flutterwave Gets Image Makeover as Kenyan Government Withdraws Financial Impropriety Case

Asset Recovery Agency

Flutterwave Gets Image Makeover as Kenyan Government Withdraws Financial Impropriety Case

Flutterwave, Africa’s most valuable tech startup and tech unicorn has recently had charges of financial impropriety dropped by a Kenyan high court. This was revealed in a Kenyan High Court document obtained by Bloomberg and confirmed by Robert Gitau, a lawyer for Flutterwave. The charges, which included card fraud

Flutterwave: How Much Value Since Becoming the Most Valuable Startup in Africa Since Q1 '22?

Flutterwave: How Much Value Since Becoming the Most Valuable Startup in Africa Since Q1 '22?

The Pan-African fintech giant Flutterwave had a mixed year in 2022, beginning with an enthusiastic announcement of $250 million in series D fundraising in early February 2022. In a Tweet, the firm stated, “We’re entering 2022 with some bold objectives, and we’re doing all we can to make

Africa’s Biggest Mega Rounds in 2022

Africa’s Biggest Mega Rounds in 2022

There was a time when mega rounds were confined to the West. That is no longer the case now. Macroeconomic conditions are now favoring Africa well enough to attract such levels of funding (deals valued at $100 Million & above). African late-stage startups that have reached a certain degree of maturity

African startups pioneering the Creator Economy

African creator economy

African startups pioneering the Creator Economy

In an earlier piece, the African creator economy was analysed. In it, a creator was defined as well as amplifying the fact that the African continent is behind in the right resources to spread out fully if not to compete. Not just are African startups focusing on the creator economy

The Future of Jobs: A Glance Through The African Creator Economy

African creator economy

The Future of Jobs: A Glance Through The African Creator Economy

The global creator economy is estimated to be worth over $100 billion. The world population which now pegs at 8 billion has an average of 1.4 trillion or 16.72% from Africa. With these statistics, the African continent is renowned for its active youth population as well as the

Paystack secures PSP licence from Kenya's Central Bank, announces beta launch

Paystack secures PSP licence from Kenya's Central Bank, announces beta launch

Getting licensed in Kenya might have been a challenge for Nigerian startups such as Flutterwave and Chippercash but, to ease its operations in the new market and ensure its spread across different regions across Africa, Nigerian payments company, Paystack has announced it has secured a Payments Service Provider (PSP) licence

Backend Stories: Meet the founder who paid over $6 million to users without any fundraising

African creator economy

Backend Stories: Meet the founder who paid over $6 million to users without any fundraising

From working at a payments company to building his startup, Douglas Kendyson‘s e-commerce platform focusing on African creators, Selar has paid out over $6 million to users despite being bootstrapped except for a grant it received in 2018. The creator economy often called the influencer economy – which is not

Leading Payments Company, Flutterwave appoints Emmanuel Efenure as Head of Risk for Africa

San-Francisco-headquartered pan-African leading payment technology, Flutterwave has appointed Emmanuel Efenure as Head of Risk for Africa; a new unit bore from the Flutterwave Compliance Team — to see to “faster development and implementation of Risk initiatives.” The newly hired Efenure has significant years of experience in the banking sector having worked

Nigerian Investors Petition Kenyan Court Over Frozen $11.8 million

Nigerian Investors Petition Kenyan Court Over Frozen $11.8 million

Over Two Thousand (2,000) Nigerian investors in Kenya have made a petition against the court to unfreeze the Eleven Million Eight Hundred Thousand ($11.8 million) US dollars that the court had ordered to be frozen. The amount in question is equivalent to one billion four hundred forty million

Flutterwave introduces GPay as payment option

Flutterwave introduces GPay as payment option

Africa’s leading payment technology, Flutterwave has introduced Google Pay (GPay) as part of its payment options just after it recently announced its addition of Nigeria’s digital currency, e-naira on its platform. Google Pay is a pre-installed mobile payment system (in supported countries) like Apple Pay, Microsoft Pay and

Chat Commerce platform, Clickatell partners with CBN to enable offline banking

Chat Commerce platform, Clickatell partners with CBN to enable offline banking

Chatting commerce platform, Clickatell has announced in a press release on Monday about its partnership with the Central Bank of Nigeria (CBN). The partnership is geared towards the e-Naira Central Bank Digital Currency (CBDC) in order to ensure financial inclusion to Nigerians by launching a USSD channel. E-Naira, also known

Flutterwave adopts eNaira as payment option in Nigeria

Flutterwave adopts eNaira as payment option in Nigeria

Africa’s leading fintech company, Flutterwave has announced the adoption of eNaira, Nigeria’s digital currency as part of its payment option asides cards, bank transfers, Barter by Flutterwave, etc — for merchants. The eNaira noted to be the first digital currency in Africa was launched on October 25 2021 as

Flutterwave Hires 200 Graduates For 12 Months Trainee Programme To Tackle Unemployment

Flutterwave Hires 200 Graduates For 12 Months Trainee Programme To Tackle Unemployment

One of Africa’s leading financial technology companies, Flutterwave, has recently admitted about Two Hundred (200) Nigerian graduates into its graduate trainee programme, in a bid to tackle unemployment in the nation. It was reported that this development is part of the company’s mission to support the nation’s

Gurbhej Dhillon, Goldman Sachs’ Former MD, Joins Flutterwave as New CTO

Chief Technology Officer

Gurbhej Dhillon, Goldman Sachs’ Former MD, Joins Flutterwave as New CTO

Gurbhej Dhillon, the former Managing Director of Goldman Sachs, has been appointed Chief Technology Officer (CTO) of Flutterwave, a leading fintech company, and Africa’s most valuable startup. The fintech company says that the new CTO will be responsible for further developing Flutterwave’s innovative technology platform, which currently supports

Flutterwave Appoints Oneal Bhambani, an ex-Executive of American Express, as CFO

American Express

Flutterwave Appoints Oneal Bhambani, an ex-Executive of American Express, as CFO

Flutterwave, Africa’s leading payments technology company, has announced the appointment of Oneal Bhambani as its new Chief Financial Officer. Oneal joins the unicorn company from American Express and Kabbage, where he managed large-scale fintech businesses and helped lead the sale of Kabbage and its integration into the American Express

Salary on-demand startup, Cadana, partners with Flutterwave to expand into Nigeria

Salary on-demand startup, Cadana, partners with Flutterwave to expand into Nigeria

Cadana, a salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company. Cadana helps businesses delight their employees by providing modern payroll platforms that allow employees access to their earned salary on-demand, anytime, anywhere. Following this partnership, Flutterwave processes payments

Flutterwave Secures $250m Series D, Becomes the most valuable tech startup in Africa

Flutterwave Secures $250m Series D, Becomes the most valuable tech startup in Africa

Pan African fintech startup, Flutterwave has announced that it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest valued African startup with this investment.

MPOWER Financing partners Flutterwave to provide Student Loans for African students

MPOWER Financing partners Flutterwave to provide Student Loans for African students

MPOWER Financing, a social benefit corporation that helps international students access loans and scholarships in the US and Canada, has announced its partnership with Flutterwave, a tech-enabled global payment company focused on Africa, to offer seamless student loan application and payment for international students in Africa. MPOWER offers students admitted