Flutterwave, the African paytech and one of TIME‘s 2021 100 Most Influential Companies, has partnered with Currencycloud, the experts in simplifying business in a multi-currency world, in order to accelerate the launch of their payment network in Europe and the US.
The partnership enables Flutterwave to enhance its services to customers by enabling them to receive money globally via unique virtual accounts. The partnership with Currencycloud will allow Flutterwave’s merchants seamless and quick access to send and receive money transfers at a significant scale at their convenience.
In addition, the partnership will enable merchants access to receive payments by channels other than debit cards, further providing more options for merchants worldwide.
In this #PaymentsInnovationPodcast we spoke to Omosalewa Adeyemi, Head of Global Partnerships & Expansion Team at @theflutterwave, who shares how #Fintech helped fuel Africa’s economic success & why Flutterwave is a perfect fit for North American markets.https://t.co/AQ8HC5AXS9 pic.twitter.com/FpWrld079d
— Currencycloud (@Currencycloud) September 2, 2021
Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave said: “This partnership marks our ongoing commitment to creating a payments infrastructure that links the world to Africa. Our shared value of simplifying payments, coupled with the speed with which we could launch in a new market leveraging Currencycloud APIs were just a few reasons why we partnered with them. Through our partnership, we are excited to offer new and existing customers, more payment options to grow their business, access new markets and build their customer base.”
David Heitzmann, Vice President of Sales and General Manager of North America at Currencycloud commented: “Our goal at Currencycloud is to reimagine the way money flows around the world. The partnership with Flutterwave is a great example of this, and we are thrilled to be able to support Flutterwave in their mission.”
The Currencycloud API has been incorporated into Flutterwave’s solution and is available to existing and new customers today.
Following the announcement of the partnership, Currencycloud has continued to show its support of the growing African Fintech Market, as it takes part in Banking Transformation Africa‘s digital event: the Future of Payments.
We're looking forward to the upcoming Banking Transformation Africa event!
Piers Marais will be presenting on the topic of Cross-border Payments: Global Interoperability; Innovation & Inclusion.https://t.co/8wylQvEvsO @banking_africa#bankingtransformationafrica #bta2021 pic.twitter.com/7rFIg4NInV
— Currencycloud (@Currencycloud) September 9, 2021
Banking Transformation Africa brings together the brightest minds at Africa’s most innovative financial institutions, from big banks, to regional stars to discuss ways of building a world class digital banking experience. This comes following the global pandemic which caused many banks to pivot and rethink the definition of ‘digital banking’. The event looks at the latest innovations that are happening in the financial space and hears expert opinions on whats next and how companies can remain competitive during this digital transformation.
