Flutterwave joins forces with Currencycloud to boost EU and US expansion drive
Africa’s leading payments technology company, Flutterwave, one of TIME’s 2021 100 Most Influential Companies, has teamed 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.
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About Currencycloud
Banks, Fintechs, and businesses everywhere can make bigger, better, bolder leaps with Currencycloud. Currencycloud gives businesses the capability to move money across borders, and transact globally in multiple currencies, fast. Experts at what they do, their technology makes it easy for clients to embrace digital wallets, and to embed finance into the core of their business – no matter what industry they’re in.
Since 2012, Currencycloud has processed more than $100bn to over 180 countries, working with banks, financial institutions, and Fintechs around the world, including Starling Bank, Revolut, Penta, and Lunar. Based in London with offices in New York, Amsterdam, Cardiff, and Singapore, Currencycloud works with partners including Visa, Dwolla, GPS, and Mambu to deliver simple, clear cross-border infrastructure solutions for clients. They are regulated in the UK, Canada, the US, and the EU.
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In addition, the partnership will enable merchants access to receive payments by channels other than debit cards, further providing more options for merchants worldwide.
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 & 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.
What You Need To Know About Flutterwave
Flutterwave is a Payments Technology Company that helps businesses all over the world expand their operations in Africa and other emerging markets, through a platform that enables cross-border transactions via one API. Flutterwave has processed over 140M transactions worth over USD $9B to date and serves more than 300,000 businesses including customers like Uber, Flywire, Booking.com, etc. The Company’s key advantage is international payment processing in 150 currencies and multiple payment modes including local and international cards, mobile wallets, bank transfers, Barter by Flutterwave, etc. Flutterwave has an infrastructure reach in over 33 African countries, including Nigeria, Uganda, Kenya, and South Africa.
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