SAN FRANCISCO, May 15, 2024 /PRNewswire/ -- Flutterwave,
Africa's leading payment
technology company, has earned a spot on the prestigious 12th
annual CNBC Disruptor 50 list alongside companies like OpenAI,
Stripe, Monzo. This recognition underscores its innovation and
expansion, achieved amidst challenging market conditions and
economic downturns.
The CNBC Disruptor 50 list is renowned for spotlighting private
enterprises that shake up traditional industries and chase
substantial opportunities. Criteria such as scalability, user
growth and use of breakthrough technologies are key factors in the
selection process, making Flutterwave's inclusion a testament to
its groundbreaking advancements in the fintech sector.
In the pursuit of innovation, Flutterwave has launched a series
of innovative products, among them the flagship Flutterwave for
Business solution to equip enterprise businesses with all the
necessary resources to manage and expand their operations
seamlessly in Africa.
Additionally, Flutterwave has unveiled Send App which helps
the African diaspora to send money to the continent and a currency
exchange solution, Swap built in partnership with Kadavra BTC and
Wema Bank. These offerings have not
only empowered businesses, startups, and individuals but also
facilitated seamless payment experiences and fostered growth across
diverse sectors.
Further solidifying its position as a leader in the industry,
Flutterwave has expanded its collaboration with Air Peace,
Nigeria's leading airline, serving
as the trusted payment partner of choice, cementing its role as the
preferred partner for Air Peace's flagship Lagos to London routes. This alliance not only
strengthens Flutterwave's commitment to excellence and innovation
in the aviation sector but also underscores its dedication to
delivering seamless payment experiences for travellers and
businesses alike. Earlier in 2023, Flutterwave collaborated with
IATA, the global airlines alliance as a payments provider for
Africa. Moreover, Flutterwave has
maintained a longstanding partnership with Uber, helping the
ride-hailing giant scale across Africa via one payment integration. This shows
its commitment to supporting businesses of all sizes and other
startups to bring their fintech solutions to market in record
time.
In response to the announcement, Olugbenga 'GB' Agboola,
Founder and CEO of Flutterwave, conveyed the company's
gratitude for being included in the esteemed CNBC Disruptor 50 list
for 2024, expressing: "We are deeply honored to be
acknowledged among the esteemed companies on CNBC's Disruptor 50
list for 2024. Our mission has always been to empower businesses of
all scales, and to be recognised as a disruptor in our field is a
testament to the unwavering dedication of our team. Looking ahead,
our aim is to continue excelling in every aspect, from product
innovation to enhancing customer experiences, ensuring that we pave
the way for endless possibilities for both our clients and their
customers.
"Remaining steadfast in our commitment to innovation and
expanding our product portfolio, our overarching mission is to
become the preferred payments partner for international and
multinational enterprises seeking to extend their footprint in
Africa and beyond. We are
confident in our strategic positioning to assist them in realising
this ambition."
Flutterwave's influence extends beyond its innovative products
and partnerships. The company has played a pivotal role in driving
financial inclusion across Africa,
empowering businesses of all sizes to participate in the global
economy. With a steadfast commitment to providing secure, seamless,
and accessible payment solutions, Flutterwave continues to pave the
way for digital transformation in emerging markets, solidifying its
position as a disruptor in the global fintech landscape.
About Flutterwave
Flutterwave is the leading payments technology company that
enables businesses across the world to expand their operations in
Africa and other emerging markets
through a platform that enables local and cross-border transactions
via one Application Programming Interface (API). Flutterwave has
processed over 630M transactions in
excess of USD $31B and serves more
than 1.5m businesses, including
customers like Uber, Air Peace, Bamboo, PiggyVest, and others. The
company's key advantage is connecting businesses to various local
and international payment types to enable them to expand globally.
It also enables cross-border transactions from the diaspora to
African countries via its SendApp product. Flutterwave processes
payments via multiple payment modes, including local and
international cards, mobile wallets, bank transfers, and Google
Pay. The company has an infrastructure reach in 34 African
countries. For more information on Flutterwave's journey, please
visit www.flutterwave.com.
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