Fintech firm Flutterwave receives Switching and Processing License from CBN

NIGERIA – The Central Bank of Nigeria (CBN) has awarded Flutterwave, the top payments technology firm in Africa, with a Switching and Processing License, widely considered the most important payments processing licence held by the CBN. With the use of this license, Flutterwave can provide clients with transaction switching and card processing services. Non-bank acquiring, agency banking and payment gateway…

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Fintech company Flutterwave appoints Gurbhej Dhillon as Chief Technology Officer

NIGERIA – Flutterwave, a fintech company, has announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO). Gurbhej joins at a key time for Flutterwave, following its recently completed Series D funding round, valuing the company at over US$3 billion, and maintaining its rapid expansion. As the new CTO, Gurbhej will be responsible for…

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Fintech company Flutterwave appoints Oneal Bhambani as Chief Financial Officer

NIGERIA – Flutterwave, a fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent, has appointed Former American Express Executive, Oneal Bhambani as Chief Financial Officer of the company. The development is expected to facilitate the company’s expansion with best-in-class discipline, operational controls and financial rigour. “I am excited to welcome Oneal to…

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Nigeria’s fintech Flutterwave receives approval to start trading in Tanzania

TANZANIA – Flutterwave, a Nigerian payments technology firm, has launched in Tanzania after gaining approval from the Bank of Tanzania (BoT), the country’s regulatory body for banks, microfinance institutions and payment service providers. With the approval, Flutterwave will open its offices in Dar Es Salaam to drive connected digital payments and financial inclusion by enabling merchants and customers to trade…

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Cadana partners with Flutterwave to expand into the Nigerian market

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 by providing modern payroll platforms that allow employees access to their earned salary on-demand, anytime, anywhere. This partnership will allow Flutterwave to process payments for employers and employees on Cadana. The platform targets to…

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African fintech Flutterwave rebrands, introduces new products and services

NIGERIA– Lagos-based fintech, Flutterwave has unveiled a significant re-brand and identity at Flutterwave 3.0. Following the announcement of a US$250M Series D funding, Flutterwave is now rolling out its new and reimagined identity, in what it says it to affirm its commitment to creating endless possibilities for all, through technology. The company is also introducing new products and services that…

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Flutterwave closes US$250M in Series D funding to drive ambitious expansion plans

NIGERIA –  Flutterwave, a leading technology company, has raised USD $250 million in Series D funding, valuing the company at over US$3 billion. The latest round was led by B Capital Group, and with participation from Alta Park Capital, Whale Rock Capital, Lux Capital, among others. Several existing investors who also participated in previous rounds also followed this round, including,…

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Fintech Flutterwave acquires digital online platform Disha to grow its base

NIGERIA – Flutterwave, a fintech company, has acquired digital online platform Disha, that enables digital creators to curate, sell digital content, portfolios and receive payments from their audience worldwide. Flutterwave’s acquisition aims to improve the process of digital content creation for Disha users, enabling them to earn value for their creativity using the platform’s new payouts and collections solution. Disha…

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Flutterwave in aggressive Africa expansion with creator platform Disha acquisition

AFRICA – Flutterwave, the Silicon-Valley based and Pan-African focussed payments company has acquired Nigeria creator platform Disha in an undisclosed deal but is expected to be a six-figure amount. Disha is a platform allowing digital creators to curate and receive payments from their content and portfolios worldwide. Early 2021, Disha made an announcement of its closing down for unclear reasons. Under the…

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Fintech Flutterwave partners Standard Bank to enhance digital payments experiences

AFRICA – Flutterwave, a fintech company, is collaborating with Standard Bank, a financial services group and Africa’s largest bank by assets, to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. The collaboration will build e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later capabilities for millions of Africans.  The integration…

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