INSUBCONTINENT EXCLUSIVE:
FIS for payments in Africa.With the funding, Flutterwave will invest in technology and business development to grow market share in
expertise around education, travel, gaming, e-commerce, fintech companies
continent and abroad.Launched in 2016, Flutterwave allows clients to tap its APIs and work with Flutterwave developers to customize payments
Those are two of the countries in which the startup operates, in addition to South Africa, Uganda, Kenya, Tanzania, Zambia, the U.K
built its early client base across global companies, aims to serve smaller African businesses, including startups
Current customers include African-founded tech companies, such as moto ride-hail venture Max.ng.Worldpay partnershipThe new round makes
accept any African payment
FIS, a United States financial services provider
At the time of the purchase, it was projected the two companies would generate revenues of $12 billion annually, yet neither has notable
with A Technology News Room
US VC firms Greycroft and eVentures led the round, with participation of Visa, Green Visor and African fund CRE Venture
majority of startup capital flowing to African startups annually
shown they need Flutterwave to do finance in Africa.
