Flutterwave provides a payment processing platform that enables businesses and individuals to accept and send money globally through various secure methods, including credit cards, bank transfers, and mobile money. The platform addresses the need for seamless and efficient financial transactions across different currencies and markets, facilitating e-commerce and remittances for over 1 million businesses and 2 million individuals.
Funding
$455M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+43Founders
Product
Problem
Many businesses, especially in emerging markets, face challenges in accepting and sending payments globally due to fragmented payment systems, currency complexities, and lack of reliable infrastructure. This restricts their ability to participate in international e-commerce and efficiently manage cross-border transactions.
Solution
Flutterwave provides a payment processing platform that enables businesses and individuals to accept and send money globally through various methods, including credit cards, bank transfers, and mobile money. The platform offers a unified solution for online checkout, payment acceptance, and payouts, supporting multiple currencies and payment options. By abstracting away the complexities of international payments, Flutterwave allows businesses to focus on growth and expansion into new markets. The platform's APIs and developer tools facilitate seamless integration with existing systems and enable the creation of custom payment solutions.
Target Audience
Flutterwave targets enterprises, small businesses, individuals, and developers seeking to facilitate global payments and build financial products, particularly in emerging markets.
Features
- Online checkout with smart payment ordering for optimized customer experience
- Acceptance of payments via debit/credit cards, bank accounts, mobile money, POS, M-Pesa, VISA QR, USSD, and bank transfers
- Single and bulk transfers to bank accounts from a unified dashboard
- Ability to create free e-commerce websites and generate professional invoices
- Payment links for one-off or recurring payments
- Well-documented APIs for quick transfers, recurring payments, payment verification, and customer verification
- Support for 30+ currencies