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