Flutterwave, the leading African fintech company, has been cementing its position as a driving force behind the continent’s digital payments revolution through a series of strategic partnerships. Beyond its impressive growth within the African market, the company has now secured global recognition for its innovative prowess, further solidifying its status as a trailblazer in the payments technology sector.
One of Flutterwave’s most significant partnerships is its collaboration with Acquired.com, a leading payment processing platform. This alliance has enabled Flutterwave to enhance the customer experience for its flagship remittance product, Send App, offering faster and more secure outward remittance transactions for UK and EU cardholders sending money to their business partners or loved ones in Africa.
Mark Johnson, the Commercial Director at Acquired.com, commented on the partnership, stating, “We have thoroughly enjoyed collaborating with Flutterwave, tailoring our solution to meet the specific needs and address the challenges of the most trusted payments infrastructure providers on the African continent. Our customised analysis and recommendations have helped Flutterwave build on its success rates, increase collections, and enhance the customer experience – which is at the core of our service.”
Complementing its partnership with Acquired.com, Flutterwave has also forged a strategic technology alliance with Microsoft. This five-year collaboration will see Flutterwave leverage the power of the Azure cloud infrastructure to bolster its payment processing capabilities and empower small and medium-sized enterprises (SMEs) across the African continent.
Lillian Barnard, the President of Microsoft Africa, highlighted the significance of this partnership, stating, “Microsoft is committed to fast-tracking economic growth in Africa through the transformative power of technology – a key part of this involves making it possible for SMEs to acquire the digital financial tools and services they need to succeed.”
Flutterwave’s strategic alliances have not only strengthened its technological prowess but have also earned the company global recognition. In 2024, the company was named the No. 1 Most Innovative Company in the Europe, Middle East, and Africa region by the prestigious publication Fast Company, placing it alongside industry titans like Nvidia and YouTube.
Olugbenga ‘GB’ Agboola, the Founder and CEO of Flutterwave, expressed his pride in this achievement, stating, “Innovation is an integral part of our core values, which we continue to adopt across all parts of our business. Every day, we come to work, and we live and breathe innovation. We’ve since built out Africa’s biggest payment network by reach, created solutions that make payments solutions, currency exchanges, e-commerce, and remittances easier for global companies selling in Africa, local businesses and Africans alike.”
Flutterwave’s transformative partnerships have not only enhanced its technological capabilities but have also aligned with its mission of empowering SMEs across the African continent. By leveraging the expertise and resources of industry leaders, the company is poised to redefine the future of digital payments, not only within Africa but on a global scale.
As Flutterwave continues to strengthen its corporate governance, forge strategic alliances, and expand its reach, the anticipation surrounding its impending initial public offering (IPO) continues to grow. The successful listing of Flutterwave would not only be a significant milestone for the company but also a testament to the remarkable potential of the African tech ecosystem, which Flutterwave has been instrumental in shaping and transforming.
