Monday, September 8, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News Africa News

In Only Two Years, Flutterwave has Processed $2.5 Billion Transactions

Tech Gist Africa by Tech Gist Africa
11/16/2018
in Africa News, Startups
0 0
0
In Only Two Years, Flutterwave has Processed $2.5 Billion Transactions

Photo Credit: tech.africa

0
SHARES
Share on FacebookShare on Twitter

African fintech company, Flutterwave has processed about $2.5 billion for clients through its ‘Rave’ platform across the globe. It’s worthy to note that all these transactions were done within the space of its first two years of existence.  

According to Flutterwave, the Rave platform aimed at processing all kinds of payments with support disbursements to bank accounts and mobile money wallets.

Just last month, Flutterwave completed a Series A Extension round of $10m from various investors after which Iyinoluwa Aboyeji stepped aside as the company’s CEO with Olugbenga Agboola taking over as the new CEO.  

Flutterwave investors include Mastercard, Omidyar Network, Y Combinator as well as other notable Silicon Valley venture firms.

Agboola revealed that the company has processed transaction for the likes of Uber, Facebook, Transferwise, Flywire, Booking.Com and a host of others since it was launched in 2016.


See Also: Flutterwave Secures $10m Investment as Iyinoluwa Aboyeji Steps Down as Company’s CEO


He said, “With our solutions, a merchant can accept local and international payments from card and bank accounts. Our technology also powers services like PiggybankNG, Thrivesed.com, Walletng, MAXGO, and a host of other platforms.

“As we often call ourselves, we are ‘the Google of everything payment.’ We process any kind of card, and we can be operated from any part of the world, especially with one of our new trending product called ‘Rave.” Agboola Reiterated.

Flutterwave has recorded over 25,000 direct merchants on its stable and numerous indirect merchants.

More on TechGist Africa:

  • MTN Partners Ericsson to Launch First 5G Customer Trial in South Africa
  • Google Project Loon Gets Approval for their Service in Kenya
  • Nigerian Federal Government Solicits For $500m Tech Innovation Fund from AfDB
  • Farmcrowdy Marks 2nd Year Anniversary with Launching of National Digital Agriculture Day
  • Stanbic Bank Unveils e-Market Trader In Tanzania
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Salasa Egypt
Funding

Salasa, an Egyptian logistics and supply chain startup Scores $30M Series B funding round

by Tech Gist Africa
08/22/2025
0

Salasa, a leading Saudi-based e-commerce fulfillment platform, has announced the successful closure of a $30 million Series B funding round....

Read more
Chowdeck Nigeria

Chowdeck, a Nigerian Startup Raises $9M in Funding

08/20/2025
HoneyCoin Kenya

HoneyCoin, a Kenyan fintech startup Raises $4.9M in funding

08/19/2025
Turnstay South Africa

TurnStay, a South African travel fintech Raises $2M in seed funding

08/19/2025
Wuilt Egypt

Wuilt, an  Egyptian startup, secures $2M in funding

08/19/2025
Next Post
Africa’s Fastest Train Launched Morocco

Africa’s Fastest Train Launched Morocco

Kenya’s Twiga Foods Secure $10 Million Investment Deal

Kenya’s Twiga Foods Secure $10 Million Investment Deal

The Big 5

The Big 5 Daily: In Only Two Years, Flutterwave Has Processed $2.5 Billion Transactions, Africa’s Fastest Train Launched Morocco and More

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.